Rigetti Computing (RGTI) stock soared 27.70% during intraday trading on Tuesday, outperforming the broader market as quantum computing shares experienced a significant rally.
The surge in Rigetti's stock price was part of a broader rally in the quantum computing sector. D-Wave Systems Inc. shares jumped over 10%, while Quantum Computing Inc. rose 8% on the same day, reflecting growing investor interest in the nascent quantum computing industry.
The quantum computing sector has been garnering attention as the technology holds the potential to revolutionize various industries, including finance, healthcare, and cybersecurity, by offering computational power far beyond classical computers.
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