Rigetti Computing, Inc. (NASDAQ:RGTIW – Get Free Report)’s stock price traded up 2.4% on Monday . The company traded as high as $0.42 and last traded at $0.39. 219,473 shares traded hands during mid-day trading, an increase of 300% from the average session volume of 54,914 shares. The stock had previously closed at $0.38.
Rigetti Computing Price Performance
The business has a 50-day simple moving average of $0.24 and a two-hundred day simple moving average of $0.15.
Hedge Funds Weigh In On Rigetti Computing
A number of institutional investors have recently made changes to their positions in the business. D.A. Davidson & CO. bought a new position in Rigetti Computing during the first quarter valued at about $163,000. Spring Creek Capital LLC bought a new position in Rigetti Computing during the first quarter valued at about $47,000. Arena Capital Advisors LLC CA bought a new position in Rigetti Computing during the first quarter valued at about $128,000. Farallon Capital Management LLC bought a new position in Rigetti Computing during the first quarter valued at about $31,000. Finally, Jane Street Group LLC bought a new position in Rigetti Computing during the first quarter valued at about $68,000.
About Rigetti Computing
Rigetti Computing, Inc operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.
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