Here’s How Quantum Computing (QUBT)’s Shares Behaved After Jim Cramer Said He Was “Concerned” In January 2025

Quantum Computing, Inc. (NASDAQ:QUBT) is simply a machine hardware institution that sells products specified arsenic an Entropy Quantum Computer and a sensor that uses quantum technology. Its shares are down by 14% implicit the past twelvemonth and by 57% since Cramer discussed the steadfast successful January 2025. Since then, the quantum computing assemblage has been dealt with a batch of blows to which Quantum Computing, Inc. (NASDAQ:QUBT)  hasn’t been immune. For instance, the shares fell by 48% successful January aft Cramer’s comments owed to capitalist absorption to NVIDIA CEO Jensen Huang’s comments astir the quantum computing manufacture astatine the CES conference, Huang, wide considered to beryllium 1 of the apical authorities successful the machine industry, had commented that helium believed utile quantum computers were arsenic overmuch arsenic 30 years successful the future. Then, the banal closed 11.7% little connected March 20th aft the steadfast reported its Q4 2024 earnings. However, Quantum Computing, Inc. (NASDAQ:QUBT)’s shares past surged by 11% successful May aft its archetypal 4th net and would transverse $24 successful October earlier dipping beneath $8 this year. In his Mad Money quality connected January 2nd, Cramer remarked that helium was acrophobic astir the firm:

“I’m besides acrophobic astir a institution called Quantum Computing, $2.4 billion, with $400,000 successful revenues successful the past 12 months and again, precise large losses.”

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