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Rigetti Computing (NASDAQ:RGTIW) Stock Price Up 18.6%

Defense World ·  Jan 14, 2023 15:01

Rigetti Computing, Inc. (NASDAQ:RGTIW – Get Rating)'s share price rose 18.6% during trading on Friday . The stock traded as high as $0.15 and last traded at $0.12. Approximately 41,948 shares changed hands during trading, an increase of 98% from the average daily volume of 21,161 shares. The stock had previously closed at $0.10.

Rigetti Computing Trading Up 18.6 %

The firm has a 50-day moving average of $0.12 and a 200 day moving average of $0.35.

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Hedge Funds Weigh In On Rigetti Computing

Several hedge funds and other institutional investors have recently bought and sold shares of RGTIW. Farallon Capital Management LLC purchased a new stake in Rigetti Computing during the 1st quarter worth approximately $31,000. Soros Fund Management LLC purchased a new stake in Rigetti Computing during the 2nd quarter worth approximately $32,000. Spring Creek Capital LLC purchased a new stake in Rigetti Computing during the 1st quarter worth approximately $47,000. Jane Street Group LLC purchased a new stake in Rigetti Computing during the 1st quarter worth approximately $68,000. Finally, Sculptor Capital LP bought a new stake in shares of Rigetti Computing in the 1st quarter valued at approximately $96,000.

Rigetti Computing Company Profile

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Rigetti Computing, Inc operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.

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