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Why Rigetti Computing Stock Keeps Going Up Nasdaq

Bonisiwe Shabane
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why rigetti computing stock keeps going up nasdaq

Written by Rich Smith for The Motley Fool-> Rigetti Computing stock has been rising for three straight days. Earlier this week, the company announced a $5.7 million sale for two of its quantum computers. Over the last 12 months, Rigetti's sales totaled only $7.9 million. Shares of quantum computing company Rigetti Computing (NASDAQ: RGTI) soared 11.5% through 10:15 a.m. ET on Thursday -- all on no obvious news today.

Rigetti Computing stock has been rising for three straight days. Earlier this week, the company announced a $5.7 million sale for two of its quantum computers. Over the last 12 months, Rigetti's sales totaled only $7.9 million. Shares of quantum computing company Rigetti Computing (NASDAQ: RGTI) soared 11.5% through 10:15 a.m. ET on Thursday -- all on no obvious news today. Rigetti did have some news earlier in the week, however.

It may be one reason why Rigetti stock has been growing in strength for three days straight, despite investor uncertainty about the U.S. government shutdown this week. Rigetti Computing stock has been rising for three straight days. Earlier this week, the company announced a $5.7 million sale for two of its quantum computers. Over the last 12 months, Rigetti's sales totaled only $7.9 million. Shares of quantum computing company Rigetti Computing (NASDAQ: RGTI) soared 11.5% through 10:15 a.m.

ET on Thursday -- all on no obvious news today. Rigetti did have some news earlier in the week, however. It may be one reason why Rigetti stock has been growing in strength for three days straight, despite investor uncertainty about the U.S. government shutdown this week. Quantum computing firm Rigetti Computing (NASDAQ:RGTI) has been one of the best-performing stocks of the past year. On a 12-month basis, RGTI shares are up 930%, including a jump of over 40% in the last 30 days alone.

Today, let’s take a look at why Rigetti stock is going up and whether this incredible momentum has staying power. Much of RGTI’s run over the last year can be accounted for by a more general bullish trend among quantum computing stocks. With AI heating up the tech sector, more risk-tolerant investors are already on the hunt for the next area of technological breakthrough. To many, the answer is quantum computing and its ability to perform at speeds up to 100 million times faster than even the best classical computers.

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Written By Rich Smith For The Motley Fool-> Rigetti Computing

Written by Rich Smith for The Motley Fool-> Rigetti Computing stock has been rising for three straight days. Earlier this week, the company announced a $5.7 million sale for two of its quantum computers. Over the last 12 months, Rigetti's sales totaled only $7.9 million. Shares of quantum computing company Rigetti Computing (NASDAQ: RGTI) soared 11.5% through 10:15 a.m. ET on Thursday -- all on no...

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Rigetti Computing stock has been rising for three straight days. Earlier this week, the company announced a $5.7 million sale for two of its quantum computers. Over the last 12 months, Rigetti's sales totaled only $7.9 million. Shares of quantum computing company Rigetti Computing (NASDAQ: RGTI) soared 11.5% through 10:15 a.m. ET on Thursday -- all on no obvious news today. Rigetti did have some n...

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It may be one reason why Rigetti stock has been growing in strength for three days straight, despite investor uncertainty about the U.S. government shutdown this week. Rigetti Computing stock has been rising for three straight days. Earlier this week, the company announced a $5.7 million sale for two of its quantum computers. Over the last 12 months, Rigetti's sales totaled only $7.9 million. Shar...

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ET on Thursday -- all on no obvious news today. Rigetti did have some news earlier in the week, however. It may be one reason why Rigetti stock has been growing in strength for three days straight, despite investor uncertainty about the U.S. government shutdown this week. Quantum computing firm Rigetti Computing (NASDAQ:RGTI) has been one of the best-performing stocks of the past year. On a 12-mon...

Today, Let’s Take A Look At Why Rigetti Stock Is

Today, let’s take a look at why Rigetti stock is going up and whether this incredible momentum has staying power. Much of RGTI’s run over the last year can be accounted for by a more general bullish trend among quantum computing stocks. With AI heating up the tech sector, more risk-tolerant investors are already on the hunt for the next area of technological breakthrough. To many, the answer is qu...