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-0.000821018062397355 0.00328407224958957 0.00205254515599346 0.00205254515599346 0.00123152709359611 -0.016830870279146 -0.0086206896551723 -0.00287356321839067
Stock impact report

Rigetti Computing (RGTI): Taking Stock of a Premium Valuation After Recent Share Price Volatility [Yahoo! Finance]

Rigetti Computing, Inc. (RGTI) 
Company Research Source: Yahoo! Finance
See our latest analysis for Rigetti Computing. Despite the latest share price pullback, including a 7 day share price return of negative 15.1 percent, Rigetti's roughly 20 percent year to date share price return and triple digit 1 year total shareholder return suggest momentum is cooling. However, the longer term story remains very strong. If Rigetti's swings have your attention, this could be a good moment to see what else is moving in high growth tech and AI stocks via high growth tech and AI stocks With the stock still trading well below analysts' targets despite rapid revenue growth but heavy losses, is Rigetti a misunderstood quantum leader offering upside, or are markets already discounting all of its future breakthroughs? Rigetti's last close at $23.96 comes with a steep price to book ratio of 21.3 times, signaling investors are paying a heavy premium versus peers. Price to book compares a company's market value to its net assets. For capital intensive, hardware driv Show less Read more
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