Quantum Computing Stock QUBT Has More Than Doubled While Bitcoin Has Dropped Since Google’s ‘Willow’ Reveal: What Does This Mean?

Discussions around quantum computing have surged since Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Google teased its next-generation chip, “Willow,” sparking interest in equities tied to the technology.

What happened: Shares of Quantum Computing Inc. (NASDAQ:QUBT), a company specializing in quantum machine offerings, have soared 157% since the unveil, reaching levels not seen since Jun. 2010. The stock closed at a multi-year high of $25.68 on Dec. 2018.

In doing so, QUBT outperformed the influential “Magnificent 7” cohort and even the red-hot, MicroStrategy Inc. 

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