Rigetti Computing (NASDAQ:RGTIW) Shares Up 0.2% – What’s Next?

Rigetti Computing, Inc. (NASDAQ:RGTIW)’s share price was up 0.2% during trading on Monday . The company traded as high as $6.50 and last traded at $6.3450. Approximately 31,486 shares traded hands during trading, a decline of 76% from the average daily volume of 130,820 shares. The stock had previously closed at $6.33.

Rigetti Computing Stock Up 0.2%

The business has a 50-day moving average of $10.68 and a 200-day moving average of $14.91.

Rigetti Computing Company Profile

Rigetti Computing is a quantum computing company that specializes in the design, development and deployment of superconducting quantum processors. The company’s core business centers on building quantum hardware and integrating it with classical computing resources to address complex computational problems. Rigetti’s technology is aimed at industries such as pharmaceuticals, finance, materials science and logistics, where quantum algorithms have the potential to deliver breakthroughs in optimization, simulation and machine learning.

At the heart of Rigetti’s offering is its Quantum Cloud Services (QCS) platform, which provides users with on-demand access to its quantum processing units (QPUs) and supporting software tools.