Rigetti Computing ( (RGTI) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Rigetti Computing’s stock has experienced a slight price increase due to heightened implied volatility and increased options trading volume. The positive sentiment is fueled by the company’s announcement of $5.7 million in purchase orders for their quantum computing systems. Despite this, mixed options sentiment and fluctuating share prices suggest some market uncertainty as the earnings report approaches.
More about Rigetti Computing
YTD Price Performance: 49.25%
Average Trading Volume: 53,533,092
Technical Sentiment Signal: Buy
Current Market Cap: $9.68B
For further insights into RGTI stock on TipRanks’ Stock Analysis page.
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