New insider activity at Rigetti Computing ( (RGTI) ) has taken place on March 13, 2025.
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Director Cathy McCarthy has recently sold 150,000 shares of Rigetti Computing stock, amounting to a total transaction value of $1,200,000.
Recent Updates on RGTI stock
Rigetti Computing Inc. has recently disclosed a new risk related to media coverage, which could affect its stock price due to potential misinformation. The company’s Q4 earnings call revealed mixed results, with strategic collaborations and technological advancements countered by financial challenges. Rigetti’s partnership with Quanta Computer involves significant investments to advance quantum computing, while the launch of the Ankaa-3 system marks a technological milestone. However, Rigetti reported a decline in revenues and gross margins, alongside a substantial net loss, largely due to non-cash charges. Despite these financial setbacks, Rigetti maintains a strong cash position and remains optimistic about its future, aiming to scale its quantum capabilities and reduce error rates. These developments have influenced analysts’ perspectives on the stock, with strategic initiatives and financial restructuring being key factors in their evaluations.
More about Rigetti Computing
YTD Price Performance: -59.75%
Average Trading Volume: 140,308,929
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.3B