markets
QBTS -2.29% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
QBTS drops to $20.295, down 2.29% intraday as small-caps and risk names bleed.
IWM is off 0.71% and MARA is getting hit hard at -5.9%, dragging the speculative tech complex lower. SPY is holding near flat at -0.08%, so this is rotation/risk-off pressure concentrated in higher-beta names, not a broad market flush. QBTS is underperforming the tape.
Watch: $20.00 as the key psychological level — a break confirms selling pressure accelerating. If IWM stabilizes at $299, watch for a QBTS bounce attempt back toward $20.76 prev close.