Rigetti Computing Stock Recovers

This is a news story, published by Yahoo Finance, that relates primarily to Rigetti news.

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Rigetti Computing

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The Motley Fool

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Technology

Where Will Rigetti Computing Be in 3 Years?

Summary

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80% Informative

Rigetti Computing went public by merging with a special purpose acquisition company ( SPAC ) on March 2, 2022 .

Its stock opened at $ 9.75 on the first day , but it sank to an all-time low of just $0.38 on May 3, 2023 .

Today , Rigetti 's stock trades at about $13.50 ; a $ 10,000 investment at its all-year low would have grown to about $333,260 in less than two years .

Rigetti will remain a volatile and news-driven stock over the next three years .

It could easily plunge more than 90% before it's reasonably valued relative to its growth potential.

Now is the best time to buy before it’s too late, and there may not be another chance like this anytime soon.

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