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BTCC / BTCC Square / Global Cryptocurrency /
Rigetti Computing Stock Surges 26% Amid Quantum Sector Rally

Rigetti Computing Stock Surges 26% Amid Quantum Sector Rally

Author:
Global Cryptocurrency
Published:
2025-05-23 12:52:02
14
3

Rigetti Computing shares soared 26.46% to $13.86, marking a three-month high as quantum computing stocks gained broad market traction. Craig-Hallum adjusted its price target to $14, narrowly above Thursday’s close, while options activity spiked to triple the expected volume.

Despite a 52% revenue decline to $1.47 million and widening operating losses, the company secured a $35 million strategic investment from Quanta Computer Inc. The rally mirrored gains across quantum peers including D-Wave Quantum and Quantum Computing Inc, signaling renewed sector optimism.

|Square

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