# Quantum Computing Stock Bounces Back After Rough Week

QUBT took a beating this week, down 3.8% as macro headwinds and AI valuation concerns dragged growth stocks lower. The stock had tumbled double digits mid-week but staged a Friday rally when Fed rate-cut odds jumped to 69% (up from 44% last week).

Year-to-date? Down 38% — ouch. The real story: investors are bipolar on quantum right now. Nvidia's strong earnings initially sparked a buying spree in speculative plays, then a wave of profit-taking hit as traders worried about an AI bubble forming.

The near-term catalyst is clear — December Fed decision will likely dictate the next leg. But long-term holders are watching the company's actual quantum-computing tech stack progress. If they can deliver on the tech roadmap, this could be a deep value setup once the macro panic fades. If not? The 38% YTD loss could look like a warm-up act.