These 10 Stocks Posted Double-, Triple-Digit Gains Last Week

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

Shares of D-Wave Quantum surged by 95.9 percent week-on-week as investors cheered the company’s strong growth in bookings, offsetting disappointing revenues and net income performances.

In its latest earnings release, QBTS said bookings expanded by 502 percent to $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, net loss in full year 2024 increased by 74 percent to $143.9 million from $82.7 million year-on-year, while net loss for the fourth quarter surged by 438 percent to $86.1 million from $16 million year-on-year, primarily due to a non-cash, non-operating charge related to the remeasurement of its warrant liability that materially increased as a result of the significant price appreciation of its warrants.