Rigetti Computing (NasdaqCM:RGTI) Skyrockets 109% Despite US$153 Million Net Loss [Yahoo! Finance]
Rigetti Computing, Inc. (RGTI)
Company Research
Source: Yahoo! Finance
Despite reporting a sharp decline in both fourth-quarter sales, down to USD 2.27 million, and a significant widening of net loss to USD 152.96 million, Rigetti's market performance was still strong. This rise coincided with strategic moves, such as a USD 35 million private placement, which showed robust investor confidence, and technological advancements with the launch of its 84-qubit quantum computing system, enhancing its industry standing. Notably, Rigetti's inclusion in the S&P Semiconductors Select Industry Index may have reinforced investor optimism. Overall, these factors propelled Rigetti's shares upward, contrasting with the S&P 500 and Nasdaq, both posting multi-week declines. This suggests that investor sentiment towards Rigetti's tech
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RGTI
News
- D-Wave Posts Wider-Than-Expected Loss. Why the Stock Is Rising Anyway. [Yahoo! Finance]Yahoo! Finance
- Better Artificial Intelligence Stock: Rigetti Computing vs. Palantir [Yahoo! Finance]Yahoo! Finance
- Why Rigetti Computing Inc. (RGTI) Is Skyrocketing Today? [Yahoo! Finance]Yahoo! Finance
- Jim Cramer on Rigetti Computing, Inc. (RGTI): ‘It's A Battle Between The Longs And The Shorts' [Yahoo! Finance]Yahoo! Finance
- Rigetti Computing, Inc. (RGTI): A Bear Case Theory [Yahoo! Finance]Yahoo! Finance
RGTI
Earnings
- 3/5/25 - Miss
RGTI
Sec Filings
- 3/12/25 - Form 4
- 3/11/25 - Form 144
- 3/11/25 - Form 144
- RGTI's page on the SEC website