D-Wave Quantum Inc.'s stock surged 9.93% during intraday trading on Wednesday, reflecting significant investor interest in the quantum computing company.

The price movement appears to be driven by a Barron's report published just minutes before the surge, which argued that risks in quantum computing are overstated while the investment opportunity may be underestimated. The article specifically mentioned D-Wave Quantum as one of the heavily watched pure-play companies in the quantum computing sector.

According to the report, Barclays analysts expect the next five years to "reshape computational power" as developers make progress toward delivering scalable systems. The analysts predict that by 2027, quantum systems could prove their superiority over classical computers in real-world applications, assuming results withstand technical scrutiny. This positive sector outlook and specific mention of D-Wave Quantum likely contributed to the stock's sharp intraday gain.