On October 16, Rigetti Computing rose 8.13% in Regular Trading, trading at $12.625 per share, with turnover of $236 million.
A recent catalyst in the quantum computing space was a broad move higher across US-listed quantum names on September 30, when IonQ rose more than 6% and Rigetti Computing, D-Wave Quantum and Quantum Computing each gained more than 4%, indicating continued sector-wide momentum rather than a company-specific disclosure for Rigetti Computing.
Earlier developments also showed policy support for the group: on September 8, Rigetti Computing signed a definitive agreement with the US Department of Commerce for a $100 million CHIPS Act funding award to accelerate superconducting quantum computing R&D, including work on scaling bottlenecks. Separately, Jefferies said after Quantum World Congress that the industry is shifting from pure qubit science toward manufacturing, supply chain resilience and system engineering, with federal support increasingly tied to performance.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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