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QBTS -3.42% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
QBTS drops 3.42% after hours to $29.18 while NVDA surges 6.26%.
Quantum computing names are sliding even as broader semiconductor sentiment rips higher — NVDA's 6.26% move isn't lifting QBTS off $29.18. The divergence is notable: risk-on isn't uniform, with ASTS also down 6.53% and COIN off 3.43%, suggesting sector-specific or position-driven selling rather than macro pressure. QBTS is now below its prior close of $30.14 with no obvious broad-market excuse.
Watch: $28.50 as next support — a break there opens room toward $27. If NVDA's strength holds into Tuesday's open, watch whether QBTS reclaims $30.14; failure to do so signals persistent relative weakness in quantum plays.