Rigetti Stock’s Quantum Roller Coaster: 3,000% Surge, Government Backing & Big Risks
Recent Stock Performance & News Drivers Rigetti’s stock has been on a wild roller coaster in recent months, reflecting both speculative hype and substantive news. Starting in early September, RGTI shares went on a tear – nearly quadrupling in value by mid-October nasdaq.com – amid a broader wave of investor FOMO in quantum computing. Over the trailing year through Oct 30, Rigetti rocketed an astonishing +2,810% (from penny-stock levels), outpacing even other hot quantum peers like IonQ (+262%) and D-Wave (+3,060%) nasdaq.com. This parabolic rise turned Rigetti into a multi-billion dollar company virtually overnight, with its market cap swelling to