10 Firms Kick Off Monday Leading Gains

3. D-Wave Quantum Inc. (NYSE:QBTS)

D-Wave Quantum extended its winning streak for a fifth straight day on Monday, adding 10.15 percent to close at $11.18 apiece as investors continued to buy on impressive sales growth last year coupled with news that it bested one of the world’s most powerful classical supercomputers.

Last week, QBTS announced it achieved a 502-percent jump in bookings at $18.3 million in the fourth quarter from only $3 million in the same period a year earlier, while bookings in the full-year period registered a 128-percent jump at $23.9 million from $10.5 million year-on-year.

Meanwhile, the company said in an article published in “Science” journal that it outperformed one of the world’s most powerful classical supercomputers at solving complex simulation problems. The news also spilled over to other quantum computing stocks which registered gains on Monday.