Rigetti Computing (NASDAQ:RGTIW) Trading Down 10.9% – What’s Next?

Shares of Rigetti Computing, Inc. (NASDAQ:RGTIWGet Free Report) fell 10.9% during mid-day trading on Wednesday . The company traded as low as $14.78 and last traded at $14.85. 91,522 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 464,218 shares. The stock had previously closed at $16.67.

Rigetti Computing Price Performance

The business’s 50-day simple moving average is $23.51 and its 200-day simple moving average is $12.63.

About Rigetti Computing

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Rigetti Computing, Inc, through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service.

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