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So Booking Holdings just announced a massive 25-for-1 stock split and now everyone's wondering who's next. Naturally, people are looking at D-Wave Quantum since the quantum computing stock has absolutely crushed it — up 2,690% over the past three years. But here's the thing: QBTS is actually down 27% so far this year, which has a lot of folks thinking maybe it's time for a split to boost accessibility.
I get the appeal, but let me be real — stock splits don't actually make you richer. Having more shares at a lower price is the same as fewer shares at a higher price. It's just psychology. That said, companies do splits when share prices get too expensive for regular investors to buy in. Problem is, QBTS is trading under $20 right now with a 52-week high under $50. Compare that to Booking at around $4,100 when they announced their split. Yeah, QBTS isn't getting a split anytime soon.
But honestly? The stock is still interesting if you're into quantum computing. The company just posted solid earnings in March — bookings up 128% year-over-year, gross profit up 20%, and they're projecting $10M in Q1 revenue versus $2.5M last year. That's real growth. If stock splits aren't your thing, you could always grab a quantum computing ETF instead for broader exposure.