Why Rigetti Computing Stock Is Skyrocketing Today
Rigetti Computing (NASDAQ: RGTI) stock is roaring higher in Wednesday's trading thanks to multiple positive catalysts. The quantum computing specialist's share price was up 10.9% as of 3:30 p.m. ET. Shares had been up as much as 20.6% earlier in the daily session.
Rigetti's valuation is getting a huge boost today after Nvidia CEO Jensen Huang made comments suggesting that quantum computing technologies could be ready to take off. The stock is also getting a lift from better-than-expected inflation data released by the Bureau of Labor Statistics (BLS) today.
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Source Fool.com
