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26.03.2025 12:37:00
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Where Will Rigetti Computing Stock Be in 1 Year?
It's usually a bad idea to invest in booming, hype-based stocks because they will probably fall back down to earth unless their rally is based on sustainable fundamentals. With shares down by 41% since the start of 2025, Rigetti Computing (NASDAQ: RGTI) is an excellent example of this phenomenon. Let's dig deeper to decide what the next 12 months might have in store for this speculative company. Founded in 2013, Rigetti Computing is a California-based start-up that aims to pioneer quantum computing. This technology could dramatically expand computer processing speed and power to revolutionize industries including drug discovery and materials science, among others. The company went public through a special purpose acquisition company (SPAC) merger in 2022.Continue readingWeiter zum vollständigen Artikel bei MotleyFool