Stock Market Today, June 23: D-Wave Quantum Jumps After Trump Signs Executive Orders Boosting Quantum Adoption
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ExpandNYSE: QBTSD-Wave QuantumToday's Change(2.29%) $0.56Current Price$25.03Key Data PointsMarket Cap$9.1BDay's Range$23.96 - $26.7152wk Range$12.75 - $46.75Volume48.8MAvg Vol34MGross Margin32.92%D-Wave Quantum (QBTS +2.29%), a quantum computing systems and software provider, closed at $25.03, up 2.29%. Shares rose on Tuesday after President Trump signed executive orders to accelerate U.S. quantum adoption and the development of quantum-resistant encryption. Investors are also watching D-Wave's product roadmap and upcoming quarterly earnings for progress toward commercialization.Trading volume reached 46.5 million shares, coming in about 36% above its three-month average of 34.2 million shares. D-Wave Quantum IPO'd in 2020 and has grown 146% since going public.How the markets moved todayThe S&P 500 (^GSPC 1.44%) fell 1.44% to 7,365, and the Nasdaq Composite (^IXIC 2.21%) declined 2.21% to 25,587. Among quantum computing peers, IonQ (IONQ 0.91%) closed at $57.85, down 0.81%, while Rigetti Computing (RGTI 0.42%) closed at $21.28, down 0.47%, showing a weaker peer tone than D-Wave Quantum.What this means for investorsYesterday, President Trump signed two executive orders to accelerate quantum-computing development. It will hasten federal adoption of quantum technology. Specifically, the orders aim to quicken the development of “the first-ever quantum computer powerful enough for scientific research,” to be sited at a national laboratory by 2028.That’s two years faster than many industry estimates. It also comes a month after the Department of Commerce announced plans for a $100 million grant for D-Wave under the U.S. CHIPS and Science Act. In exchange, D-Wave will issue $100 million in shares of its common stock to the U.S. Department of Commerce.Investors see these moves as helping to reinforce demand expectations for D-Wave Quantum. The focus will now be on commercialization progress and any further financing needs.Read NextJun 17, 2026 •By Geoffrey Seiler4 Technologies Chasing Quantum Computing Supremacy and the Stocks to Invest In With EachJun 17, 2026 •By Micah Zimmerman3 Quantum Computing Stocks Down Sharply -- but 1 Offers Exceptional ValueJun 15, 2026 •By Josh Kohn-LindquistStock Market Today, June 15: D-Wave Quantum Jumps After Mizuho Raises Price Target on Roadmap ProgressJun 15, 2026 •By Scott LevineWhy D-Wave Quantum Shares Are Soaring TodayJun 12, 2026 •By Matt DiLallo3 Best Quantum Computing ETFs for 2026 and How to InvestJun 12, 2026 •By Johnny RiceIonQ, Rigetti, and D-Wave Are Surging Again.
Is Quantum Computing Finally Real?About the AuthorHoward Smith is a contributing Motley Fool stock market analyst covering technology and industrial stocks. Prior to The Motley Fool, Howard spent nearly 30 years supervising quality and operations in the steel industry, mostly with leading steel company Nucor. He holds a bachelor’s degree in metallurgical engineering from Lafayette College and a master’s degree in environmental engineering from Johns Hopkins University.TMFBuilt2LastStocks MentionedD-Wave QuantumNYSE: QBTS$25.03(+2.29%)+$0.56Motley Fool Stock Advisor’s Latest PickGet Access---% Avg Return*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.