12/24

Quantum Computing Stock Sparks Debate: Scam or Misunderstood?

Quantum Computing Inc. (QUBT) has been a topic of intense discussion on Reddit forums, despite the absence of any new developments in the news today. Reddit users are debating the company's legitimacy, with some expressing skepticism about its recent performance and contracts. One user criticized QUBT, stating, "Recently lost a bunch from bagholding Quantum Computing Inc through the 40% dip and then did research and found it’s a total scam." Another user echoed this sentiment, saying, "Oh ya QUBT is a joke," while others questioned the validity of its NASA contracts, describing them as "old news" and "worth 20k."

The discussions also touched on the broader quantum computing sector, with some users comparing QUBT to other companies like Rigetti (RGTI) and questioning why RGTI is heavily shorted. A user noted, "RGTI has real product but people just don’t seem to listen," highlighting a preference for Rigetti over Quantum Computing Inc. Additionally, the surge in call options trading value for quantum computing stocks, including QUBT, was mentioned, with one post stating, "Call options trading value on quantum computing stocks is now 2,500% ABOVE average."

As of the current trading session, Quantum Computing Inc. (QUBT) is priced at $17.69, reflecting a 2.75% decrease from the previous close of $18.19.