Quantum Computing Inc. (NASDAQ:QUBT) saw a 12.86% surge on Monday, reaching $12.29 per share due to quarterly window-dressing by institutional investors. The company rallied alongside IonQ, Rigetti Computing, and D-Wave, reflecting optimism in the sector. Additionally, Quantum Computing Inc. recently acquired Luminar Semiconductor, Inc. for $110 million to enhance its technology portfolio. Despite Luminar Technologies Inc.’s Chapter 11 bankruptcy filing, QUBT clarified that the acquired company is not involved in the bankruptcy proceedings. Investors are urged to explore AI stocks with higher potential returns and limited risks.

Read more at Yahoo Finance: Quantum Computing (QUBT) Soars 12.86% on Window-Dressing