D-Wave rises as research paper shows its quantum computer outperformed classical supercomputer

Shares of quantum computing firm D-Wave QBTS.N rise 8% to $6

Co said a research paper published in the journal Science showed that its quantum computer outperformed one of the world's most powerful classical supercomputers in solving real-world problems

"This research proves that D-Wave's quantum computers can reliably solve quantum dynamics problems that could lead to discovery of new materials," said Andrew King, senior scientist at D-Wave

D-Wave's shares rose 192.4% in the past 12 months