Rigetti Computing (RGTI) Moves 12.5% Higher: Will This Strength Last?

Rigetti Computing, Inc. (RGTI) shares soared 12.5% in the last trading session to close at $24.74. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 49% gain over the past four weeks.Rigetti Computing is benefiting from new contracts and collaborations, including a$ 5.8M Air Force deal with QphoX and work with India’s CDAC, boosting its client base and growth prospects.This company is expected to post quarterly loss of $0.05 per sh ...