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Why Rigetti Computing Stock Just Popped

TheMotleyFool

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Why Rigetti Computing Stock Just Popped: https://g.foolcdn.com/editorial/images/880713/spherical-quantum-computing-chip.jpg

Quantum computing stock Rigetti Computing (NASDAQ: RGTI) jumped a lucky 7.7% through 11:50 a.m. ET Monday morning -- and in part, it's got a competitor to thank for it.

This morning, rival quantum stock D-Wave Quantum (NYSE: QBTS) announced that AT (NYSE: T) will use D-Wave's technology "to address complex optimization challenges across its network operations."

Image source: Getty Images.

Source Fool.com