Rigetti Computing Stock News

Shares of Rigetti Computing (RGTI -8.28%) fell 48.1% in the first quarter of 2025, according to data from S&P Global Market Intelligence. There was a big dip in January, followed by slower share price cuts over the next two months.

Shares of Rigetti Computing (RGTI) and IonQ (IONQ) led a quantum computing stock rally Monday in the wake of a new government initiative and as artificial intelligence stocks rebounded from their recent tariff-fueled selloff.

Rigetti, IonQ, and Quantinuum will work with the Department of Defense to build viable quantum computers.

Rigetti Computing (RGTI -8.34%) has been a tough stock to hold over the past three years. The quantum computing company, which went public by merging with a special purpose acquisition company (SPAC) on March 2, 2022, started trading at $9.75, but eventually closed at a record low of $0.38 per share on May 3, 2023.

Three U.S. chip stocks have 25% or more of their floated shares sold short, indicating a very high level of bearish sentiment among a certain group of investors.

BERKELEY, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that it was selected to participate in the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking Initiative (QBI).

MIAMI, April 01, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs introduces RGTX, the Defiance Daily Target 2X Long RGTI ETF , a 2X leveraged single-stock ETF designed to provide amplified exposure to Rigetti Computing, Inc. (Nasdaq: RGTI). This ETF offers traders a way to seek enhanced returns on Rigetti Computing, Inc. without requiring a margin account.

The quantum computing sector is one which has seen its fair share of turmoil over the past year.