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D-Wave leads quantum stocks higher as AT&T expands computing deal
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What happened: D-Wave Quantum (QBTS) stock surged more than 8% on Monday.
What's behind the move: Shares of the quantum computing company rose after the company announced that AT&T (T) will expand the use of D-Wave's technology across its network operations.
Quantum peers also jumped, with Rigetti Computing (RGTI) and Infleqtion (INFQ) climbing more than 10% and 8%, respectively.
What else you need to know: Shares of D-Wave, Rigetti, and Infleqtion have been volatile this year, with all three down more than 30% year to date.
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