D-Wave Shares Drop After Q2 Results Fall Short of Elevated Expectations
D-Wave Quantum shares plunged in pre-market trading after the company reported second-quarter results that missed Wall Street revenue and loss-per-share estimates. Quarterly revenue of $3.07 million and a loss of $0.13 per share both came in worse than consensus, undercutting optimism fueled by recent research, a new commercial agreement and an ana…