Rigetti Computing Stock Surges 40%: Is This the Start of a New Bull Run or a Dead Cat Bounce?
Shares of Rigetti computing have lost more than 70% of their value since hitting their $20 closing high less than two weeks ago. The volatile plunge in share price came on the heels of Jensen Huang - NVIDIA’s CEO – on the reasonable timeline for quantum computing.
Rigetti Computing, other Quantum stocks rises following NVIDIA's Quantum Day announcement
Shares of Rigetti Computing (NASDAQ: RGTI) climbed 7% as NVIDIA (NASDAQ: NASDAQ:NVDA) announced plans to host its first Quantum (NASDAQ:QMCO) Day at the GPU Technology Conference (GTC) 2025, sparking enthusiasm in the quantum computing sector.
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"Particularly because of the hype that is going on in the quantum computing space and some erroneous statements are being ...
Microsoft announced a program to help businesses prepare for the advent of the quantum computing era. Azizirad said this is "critical and catalyzing time for business leaders to a ...
NEW YORK, NY / ACCESSWIRE / January 14, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf ...
Rigetti Computing ( RGTI, Financial) shares shot 48% higher on Tuesday after B. Riley reaffirmed the ' Buy ' rating and ...
Nvidia slumped 2%. Palantir dropped 4%, while quantum computing winner Rigetti Computing plunged about 33%. Last year's ...
B. Riley analyst Craig Ellis raised the firm’s price target on Rigetti Computing (RGTI) to $8.50 from $4 and keeps a Buy rating on the shares.
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B. Riley Securities maintained its Buy ratings on Rigetti and D-Wave Quantum and raised price targets noting that some ...
Shares of Rigetti Computing are trading higher by 24.8% during Tuesday's session. The stock is rebounding after recent remarks by Jensen Huang and Mark Zuckerberg that cast doubt on quantum ...
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