Rigetti Computing (NASDAQ: RGTI) has been a tough stock to hold over the past three years. The quantum computing company, which went public by merging with a special purpose acquisition company (SPAC) on March 2, 2022, started trading at $9.75, but eventually closed at a record low of $0.38 per share on May 3, 2023.

But on April 2, 2025, Rigetti's stock trades at about $8.50 a share. A $1,000 investment in Rigetti at its all-time low would be worth nearly $22,400 today. Let's see why Rigetti's stock slumped and then soared, and whether it's still worth buying after that impressive recovery.

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Source Fool.com