D-Wave Quantum (QBTS) Stock Hit New 52-Week High Today: What's Going On?

During a broader volatility from a Federal Reserve rate cut, shares of D-Wave Quantum Inc QBTS traded higher on Wednesday afternoon as the company hosted Qubits Japan 2025 conference.QBTS is demonstrating strength. Get the details here.What To Know: The Fed announced its fourth consecutive interest rate cut, trimming its benchmark rate by 25 basis points to a 4%-4.25% range, signaling a potentially faster pace of cuts ahead.The move higher for D-Wave Quantum followed the rate cut and was bolstered by company-specific news from D-Wave Quantum’s Tokyo event. The company showcased its bookings in the Asia Pacific region, which surged by some 83% over the past year.D-Wave Quantum also featured significant customer successes, including a quantum AI drug discovery pilot with Japan Tobacco and a network optimization project with NTT DOCOMO that has already reduced mobile network congestion by 15%.Benzinga Edge Rankings: Reflecting its strong price performance, D-Wave Quantum boasted a Benzinga Edge rankings Momentum score of 99.75 and showed a positive price trend across short, medium and long-term outlooks.QBTS Price Action: According to data from Benzinga Pro, D-Wave Quantum shares closed up 18.76% to $22.54 on Wednesday. The stock has a 52-week high of $22.85 and a 52-week low of 87 centsRead Also: Bitcoin, Ethereum, XRP, Dogecoin Hold Steady As Federal Reserve Cuts 25 Basis PointsHow To Buy QBTS StockBy now, you're likely curious about how to participate in the market for D-Wave Quantum — be it to purchase shares or even attempt to bet against the company.Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.In the case of D-Wave Quantum, which was trading at $22.13 during the day, $100 would buy you 4.52 shares of stock.If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option or sell a call option at a strike price above where shares are currently trading — either way it allows you to profit from the share price decline.Image: Shutterstock