BERKELEY, CA – July 3 – Shares of Rigetti Computing Inc., a key player in the quantum computing industry, finished Monday’s trading session with a healthy gain, reflecting positive investor sentiment. The company’s stock closed up 2.83%, signaling a strong start to the week.
Rigetti Computing’s stock ended the day at 0.37 over its previous close of $13.08. The performance highlights a day of robust activity for the tech firm, though a minor correction was seen in after-hours trading, where the price dipped slightly to $13.21.
The trading day was marked by a steady upward trend. After opening at $12.92, the stock experienced some fluctuation, hitting a daily low of 13.47** before settling at its closing price, demonstrating resilience and sustained buying pressure.
From a broader perspective, this closing price positions Rigetti far above its 52-week low of $0.66, showcasing significant year-over-year growth. The stock is still working its way back toward its 52-week high of $21.42. The company currently holds a market capitalization of 434.10Cr USD (approximately $434.10 million).
In line with many pioneering technology companies focused on research and development, Rigetti Computing does not currently have a P/E ratio or offer a dividend. Investors will be monitoring to see if this positive momentum can be carried into the subsequent trading sessions.
