NasdaqCM:RGTISemiconductor
Rigetti Computing (RGTI) Stock Chases Quantum Growth Despite Deeper Losses
Rigetti Computing just ripped 8.5% higher in a single session, yet the story behind that move is less euphoric. The headline this quarter is not revenue in isolation. It is the strain between quantum growth ambitions and an unprofitable earnings profile, with Q2 showing a net loss in the tens of millions of US dollars and basic earnings per share back in negative territory.
Coming into the release, the stock had already swung sharply over the past three months and carried a rich price to book...