12:01 PM EDT, 04/29/2025 (MT Newswires) -- D-Wave Quantum ( QBTS ) shares were down more than 3% in recent trading Tuesday after short seller Kerrisdale Capital said that the company's stock price was "divorced from fundamentals."

Kerrisdale said that D-Wave's focus on quantum annealing, a specialized approach to quantum computing, is "a commercial dead end," having failed to demonstrate a clear performance edge over classical solvers of complex real-world optimization problems.

D-Wave Quantum ( QBTS ) did not immediately reply to a request for comment from MT Newswires.

Price: 7.11, Change: -0.27, Percent Change: -3.60