The report alleges that Quantum Computing's CEO has been releasing promotional statements that exaggerate the company's quantum capabilities and customer interactions.

Quantum Computing shares rise after NVIDIA announces Quantum Day and the company partners with Sanders TDI to advance biomedicine.

Microsoft (MSFT) exec Mitra Azizirad wrote in a blog post on Tuesday, Jan. 14 that “We are at the advent of the reliable quantum computing era. And we are right on the cusp of seeing quantum computers solve meaningful problems and capture new business value.

Quantum Computing (NASDAQ:QUBT) has been one of the best quantum computing stocks to buy with shares soaring 2,620% over the past three months. The promise of the nascent computer technology went stratospheric after Alphabet‘s (NASDAQ:GOOG)(NASDAQ:GOOGL) Google suggested it was much further along on its path toward real-world applications than many previously believed.

Computing Inc (NASDAQ: QUBT) tumbled 7% following claims presented by Capybara Research, alleging the company has engaged in issuing misleading press releases to artificially inflate its stock price.

Stocks in the quantum computing sector are seeing impressive gains today. Rigetti is up 25%, while IonQ has surged 28%. NVIDIA, although seeing a smaller recovery of 2%, is still experiencing a bounce-back from the earlier losses.