D-Wave Systems Inc. (NYSE: QBTS), a leader in quantum computing systems and services, saw its stock soar 5.38% in after-hours trading on Monday, December 9th, 2024. This surge comes as the company's share price recently hit a 52-week high, reflecting a period of robust trading and investor optimism.
The company's strong performance can be attributed to its aggressive go-to-market strategy and efforts to accelerate the adoption of its annealing quantum computing technology. To support this initiative, D-Wave has been expanding its board of directors with experienced tech executives.
Most recently, D-Wave announced the addition of Sharon Holt, a veteran technology executive, investor, and board director with extensive global industry experience. Holt joins other recent board appointments, including John DiLullo and Rohit Ghai, who were added in October 2024.