Rigetti Computing (NASDAQ: RGTI) has seen a staggering 63% rise in its stock price on Friday, closing at $1.10 after earlier reaching a high of $1.32. The surge follows the company’s announcement of its new quantum computing offering, which has sparked interest among investors. Rigetti’s stock rally comes amidst a broader increase in the quantum technology sector, with other stocks like IonQ Inc. also benefiting from positive market momentum. Investors are optimistic about the potential applications of quantum computing, especially in light of the ongoing advancements in the field. ‘We’ve been working hard to bring practical quantum solutions to market, and the response has been overwhelming,’ said Rigetti’s CEO. The overall market sentiment appears buoyant, and market analysts believe that continued innovation in quantum computing will attract more investments into the sector.
Rigetti Computing’s Stock Skyrockets, Leading Quantum Stocks Higher
