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Rigetti Computing Stock Dips Amid Quantum Industry Turmoil

3/29/2025

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Summary

Story summary

Rigetti Computing's stock plummeted 7.73% to $8.47, reflecting broader market struggles and doubts in the quantum industry. With a robust market cap of $2.67 billion, the company grapples with unprofitability and escalating losses. While analysts see an 80.7% upside potential, they urge investors to brace for continued volatility ahead.

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Story summary

Rigetti Computing's stock plummeted 7.73% to $8.47, reflecting broader market struggles and doubts in the quantum industry. With a robust market cap of $2.67 billion, the company grapples with unprofitability and escalating losses. While analysts see an 80.7% upside potential, they urge investors to brace for continued volatility ahead.