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Rigetti Computing Plunges 12.03% on Revenue Miss
Generated by AI AgentAinvest Movers Radar
Tuesday, May 13, 2025 4:55 am ET1min read
Rigetti Computing's stock price plummeted by 12.03% in pre-market trading on May 13, 2025, marking a significant decline for the
company.Rigetti Computing reported lower-than-expected revenue for the first quarter, which led to a 5% drop in its stock price. The company's earnings report indicated a revenue miss, contributing to the overall negative sentiment among investors.
Rigetti Computing's stock price has been under pressure due to its first-quarter sales falling short of expectations. The company's revenue missed analyst estimates, leading to a decline in its stock price.
Rigetti Computing's stock price has been impacted by its first-quarter earnings report, which showed a significant revenue miss. The company's sales fell far short of expectations, contributing to the decline in its stock price.
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