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Quantum Computing Stock Slides on Revenue Miss
Schaeffers Investment Research·2025-11-12 00:04

Quantum computing stock Rigetti Computing Inc (NASDAQ:RGTI) was last seen down 4.6% to trade at 31.57aftermixedthirdquarterresults.Thecompanypostedadjustedthirdquarterlossesof3centspershare,narrowerthananalystsanticipatedlossesof5centspershare,butthe31.57 after mixed third-quarter results. The company posted adjusted third-quarter losses of 3 cents per share, narrower than analysts' anticipated losses of 5 cents per share, but the 1.95 million figure missed estimates of 2.2million. Onthecharts,RGTIhastakena452.2 million. On the charts, RGTI has taken a 45% haircut since its Oct. 14 record high of 58.15. The ascending 60-day moving average, which has provided close support since early May, is ...