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Barry, OppHub America Desk · · Source: yahoo-tickers-tape-movers

D-Wave Quantum Stock Falls 16.6% Amid CFO Departure

- D-Wave Quantum (N: ) faced significant headwinds this week, dropping 16.6% following the announcement of its 's retirement and amid concerns over its widening operating losses.

Based on reporting from yahoo-tickers-tape-movers.

D-Wave Quantum (NASDAQ: QBTS) stock declined 16.6% this week, closing Friday, Aug. 28, 2026, after the company announced its Chief Financial Officer's impending retirement. This comes as broader market indices like the S&P 500 and Nasdaq Composite saw gains.

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D-Wave Quantum Stock Falls 16.6% Amid CFO Departure
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D-Wave Quantum (NASDAQ: QBTS) shares ended the week down 16.6% by market close on Friday, Aug. 28, 2026, following the announced retirement of Chief Financial Officer John Markovich. His departure is slated for September 2, 2026, with Greg Golkov set to assume the role.

The company stated Markovich's exit was not due to disagreements on financial matters, but the swift transition coupled with a recent earnings report showing a doubled operating loss to $54.7 million in the second quarter contributed to investor concern. D-Wave's second-quarter sales remained flat year over year, hovering just above $3 million.

In contrast, major market indices showed upward movement this week, with the S&P 500 gaining 1.1% and the Nasdaq Composite rising 1.8%.

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Story playbook

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Snapshot date: August 28, 2026 at 6:31 PM ET

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Story → money map

quantum computing risk

A major executive is leaving a high-risk quantum computing company right after it reported growing financial losses. Investors are selling off because uncertainty makes them nervous about the company's near-term future.

What changed

D-Wave Quantum announced the departure of its CFO alongside widening operating losses.

Who wins / who loses

Speculative quantum tech companies and cash-burning startups are hurt, while stable large-cap tech indices benefit from capital flight.

Time horizon

Think in terms of the next few weeks.

Confidence & best fit

low confidence · Active trader

Low confidence → prefer ETFs and “Watch,” not rushing into one stock.

Quick glossary: Watch = track, don’t buy yet · Build slowly = only if it fits your plan · Protect = reduce risk · ETF = a basket of stocks (often safer than one company)
Safer theme exposure (ETFs)

Baskets that own the theme without betting on one company.

  • $QTUM A basket of quantum computing stocks that lets you invest in the whole technology theme rather than just one risky company.
  • $QQQ A fund holding big, established technology companies which are generally safer than tiny speculative startups.

    Chart →

Single stocks (higher risk)

Primary = closest to the story · Peers = same industry · Second-order = knock-on effects · Avoid = looks related but may be a trap

Primary

  • $QBTSWatch — track, don’t rush

    The main company in the news is dropping in price because its finance chief is leaving and it is spending more money than it makes.

    View $QBTS chart → · End-of-day delayed data

Peer

  • $IONQWatch — track, don’t rush

    Other companies in the same quantum computing industry might see their stock prices dip as investors worry about the whole sector.

    View $IONQ chart → · End-of-day delayed data

Second-order

  • $SPYBuild slowly — only if it fits your plan

    The broader stock market is a safer place where money flows when people sell risky stocks like this one.

    View $SPY chart → · End-of-day delayed data

Options (education only)

No strikes or expiries — a framework for how traders might express the view. Options can expire worthless.

Options on this stock are too risky and expensive right now because everyone is unsure what the company will do next. Beginners should skip options entirely.

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Income / OppHub America angle

Not a trade tip — ways to use the insight outside the market.

  • Monitor executive search updates and upcoming quarterly cash burn reports for entry stabilization signals.
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What would break this thesis
  • Rapid stabilization of executive leadership with strong guidance and a clear path to profitability would invalidate the bearish setup.
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Important

Not financial advice. OppHub America playbooks are educational market maps only — not recommendations to buy, sell, or hold any security. Markets move fast; information can be wrong or outdated. Trade and invest at your own risk. Do your own research or consult a licensed advisor.

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Based on reporting from yahoo-tickers-tape-movers.

Informational and educational only — not investment, financial, or legal advice. Disclosure

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