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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.