Levi & Korsinsky notifies investors that it has commenced an investigation into D-Wave Quantum Inc. (NYSE: QBTS) concerning potential violations of the federal securities laws.
On April 29, 2025, Kerrisdale Capital released a report on D-Wave Quantum Inc. Kerrisdale alleges that D-Wave Quantum's technology is "essentially a marketing gimmick" and that the company has "no credible plan to transition to a viable gate-model quantum computer." The report further claims the company's solutions largely rely on classical computing, not quantum computing. Following the release of Kerrisdale's report, shares of D-Wave Quantum stock fell as much as 6% in intraday trading that same day.
If you suffered a loss on your D-Wave Quantum Inc. securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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