Quantum stocks rallied in morning trading Friday, reversing initial losses. Quantum Corp rose 26%; Quantum Computing, Rigetti Computing, and IONQ Inc. rose 4%; D-Wave Systems rose 2%.
Investors are pivoting away from speculative growth stocks in response to Wednesday's interest rate news. Quantum stocks cooled down on Thursday after consecutive surges. Quantum Computing fell 41%, Quantum Corp fell 40%, Rigetti Computing fell 30%, D-Wave Systems fell 29%, and Arqit Quantum fell 27%.
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