SAN FRANCISCO, CA – May 29 – Shares of pioneering quantum computing firm Rigetti Computing Inc. (NASDAQ: RGTI) experienced a notable shift in early trading activity today. As of 9:45 am GMT-4, the stock was trading at 0.38, or 2.68%.
The market opened with Rigetti priced at $14.41, a figure already above the previous day’s close of $14.16. The stock saw an early session peak, reaching an intraday high of $14.75. Following this initial momentum, the price has since moderated to its current level, touching an intraday low of $13.70.
This current valuation places Rigetti Computing significantly off its 52-week high of $21.42, yet considerably above its 52-week low of $0.66. This wide range underscores the dynamic nature of stocks in the innovative quantum technology sector.
With a market capitalization currently standing at 411.10Cr, investors and market watchers will be keenly observing Rigetti’s performance as the trading day progresses. The company’s P/E ratio and dividend yield were not listed in the current data.
Today’s price action provides a fresh snapshot for those following Rigetti Computing, a company at the forefront of developing powerful quantum processors and a full-stack quantum computing platform.
