Why Rigetti Computing Is Skyrocketing This Week
Rigetti Computing (NASDAQ: RGTI) stock posted a huge jump in this week's trading. Compared to where it stood at the end of the previous week's trading, the company's share price gained 49.4%. The S 500 rose 1.2% across the same stretch, and the Nasdaq Composite was up 2.2%.
Rigetti Computing stock got a boost in conjunction with the Federal Reserve's move to cut interest rates. The stock also saw strong bullish momentum thanks to some big news in the quantum computing industry.
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Source Fool.com
