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Stock impact report

Why the Market Dipped But Rigetti Computing, Inc. (RGTI) Gained Today [Yahoo! Finance]

Rigetti Computing, Inc. (RGTI) 
Company Research Source: Yahoo! Finance
The stock outpaced the S&P 500's daily loss of 0.46%. At the same time, the Dow lost 0.98%, and the tech-heavy Nasdaq lost 0.64%. The the stock of company has fallen by 25.33% in the past month, lagging the Computer and Technology sector's loss of 5.01% and the S&P 500's loss of 3.04%. Market participants will be closely following the financial results of Rigetti Computing, Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be -$0.08, reflecting a 57.89% increase from the same quarter last year. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Rigetti Computing, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Our research reveals that these estimate alterations are directly linked with the stock price performance in the Show less Read more
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