Rigetti Computing surged 14.27% in after-hours trading, driven by renewed investor optimism linked to bullish options activity and reports of government investments in quantum technology. Yahoo Finance highlighted the stock’s "renewed momentum" amid a strong balance sheet and potential growth from public-sector support, while recent options data signaled heightened confidence. Despite prior concerns over a 26% monthly decline and a stretched 23.1x price-to-book ratio, the after-hours rally suggests short-term speculative interest or renewed expectations for commercialization progress in quantum computing.
Comments
No comments yet