Rigetti Computing ( (RGTI) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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The anticipation surrounding Rigetti Computing’s upcoming earnings report has sparked a flurry of options trading activity, with a noticeable bullish sentiment as calls outnumber puts. This heightened market activity, driven by traders and investors positioning for a potentially significant reaction, has led to a notable rise in the company’s stock price. The implied volatility points to a potential price movement, with options markets suggesting a 50% chance of a move greater than 14.95%.
More about Rigetti Computing
YTD Price Performance: -47.10%
Average Trading Volume: 47,558,698
Technical Sentiment Signal: Buy
Current Market Cap: $3.04B
For further insights into RGTI stock on TipRanks’ Stock Analysis page.
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