Rigetti Computing Stock Analysis: Is $20 a Good Entry Point?
The article discusses whether now is the right time to buy Rigetti Computing (NASDAQ: RGTI) stock as it trades below $20. The company recently signed a letter of intent with the U.S. Commerce Department for up to $100 million in funding over three years, which initially boosted its share price by nearly 70%. However, the stock has since fallen back to around $16.55 as of July 8.
Topics: government funding quantum computing stock price movement