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Rigetti Computing Stock Plummets 55.81% in Trading Volume Ranking 179th Amid Revenue Concerns
Generated by AI AgentAinvest Volume Radar
Friday, Jun 13, 2025 7:57 pm ET1min read
On June 13, 2025,
(RGTI) experienced a significant decline, with its trading volume dropping by 55.81% to $52.3 million, ranking 179th in the day's stock market activity. The company's stock price fell by 5.79%, marking the second consecutive day of decline, with a total decrease of 8.95% over the past two days.Rigetti Computing recently completed a $350 million at-the-market (ATM) equity offering, which initially boosted its stock price by nearly 12%. This substantial cash infusion has strengthened the company's financial position, providing it with the resources needed to continue its research and development efforts in
.However, despite the strong cash position, Rigetti's revenue growth has been relatively weak. This discrepancy between financial strength and revenue performance has raised questions about the company's ability to translate its technological advancements into tangible financial results. Investors are closely monitoring Rigetti's progress in this area, as it will be crucial for the company's long-term success and stock performance.
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