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Stock impact report

Is Rigetti Computing Stock a Buy Now? [Yahoo! Finance]

Rigetti Computing, Inc. (RGTI) 
Company Research Source: Yahoo! Finance
The quantum computing company, which went public by merging with a special purpose acquisition company (SPAC) on March 2, 2022, started trading at $9.75, but eventually closed at a record low of $0.38 per share on May 3, 2023. But on April 2, 2025, Rigetti's stock trades at about $8.50 a share. A $1,000 investment in Rigetti at its all-time low would be worth nearly $22,400 today. Let's see why Rigetti's stock slumped and then soared, and whether it's still worth buying after that impressive recovery. Traditional computers still store and process data in binary bits of zeros and ones. Quantum computers can store fractional values between zeros and ones in "qubits," which allow them to process larger amounts of data at much faster rates. That sou Read more
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