Quantum (QUBT) Computing Rallies 8.7% Ahead of Q2 Earnings

We recently published Market on Mute? Not for These 10 Stocks With Surprising Gains. Quantum Computing Inc. (NASDAQ:QUBT) is one of Monday’s top performers.

Quantum Computing jumped by 8.66 percent on Monday to close at $18.94 apiece, in line with its peers, as investors repositioned portfolios ahead of the overall market’s entry into the second quarter earnings season.

Quantum Computing Inc. (NASDAQ:QUBT) traded higher alongside its counterparts, namely Rigetti Computing Inc., D-Wave Quantum Inc., and IonQ Inc.

Sentiment was further supported by its inclusion in two Russell indices—the Russell 3000 index and the Russell 2000 index—on June 30, which paved the way for further visibility among institutional investors.

Quantum (QUBT) Computing Rallies 8.7% Ahead of Q2 Earnings

A data analyst pouring over a chart, the intricacies of its lines being revealed.

The Russell 3000 Index includes the largest 3,000 US public companies by market capitalization, while the Russell 2000 Index is a subset of the broader Russell 3000 Index limited to small-cap companies. Both indices are reconstituted annually by re-ranking companies based on total market capitalization as of the reconstitution rank date, which was April 30, 2025, this year.

While we acknowledge the risk and potential of QUBT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than QUBT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.