Quantum Computing Stock Rigetti Faces Critical Test After Epic Rally

The quantum computing sector is experiencing significant turbulence, with pioneer Rigetti Computing at the center of the storm. Following an extraordinary surge of approximately 3,000% last year, the company’s shares have entered a phase of extreme volatility. During a single recent trading session alone, the stock swung through a nearly 14% price range. Market participants are now questioning whether this represents a temporary consolidation before the next upward move or signals the deflation of a speculative bubble.

All eyes are on the upcoming quarterly report scheduled for November 10, which will serve as a crucial assessment of the company’s current valuation. While market experts project modest revenue of $2.17 million and a per-share loss of Read more...