Rigetti Computing (NASDAQ:RGTIW) Shares Down 17.6% – Should You Sell?

Rigetti Computing, Inc. (NASDAQ:RGTIWGet Free Report) traded down 17.6% on Tuesday . The stock traded as low as $0.94 and last traded at $1.03. 735,315 shares were traded during mid-day trading, an increase of 1,350% from the average session volume of 50,724 shares. The stock had previously closed at $1.25.

Rigetti Computing Stock Performance

The stock’s 50 day simple moving average is $0.32 and its 200-day simple moving average is $0.20.

About Rigetti Computing

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Rigetti Computing, Inc, through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service.

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