Rigetti Computing ( (RGTI) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Rigetti Computing’s stock experienced an upward movement due to investor optimism and reduced options trading activity. The market showed a bullish sentiment as the put-call ratio leaned heavily towards calls, despite recent earnings concerns causing some turbulence. The low implied volatility indicates that investors expect limited price movement, reflecting a cautious yet positive outlook.
More about Rigetti Computing
YTD Price Performance: -27.65%
Average Trading Volume: 44,841,949
Technical Sentiment Signal: Buy
Current Market Cap: $4.69B
For further insights into RGTI stock on TipRanks’ Stock Analysis page.
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