Rigetti (RGTI) Stock Soars on New Quantum Wins — Breakthrough or Bubble?
Stock Price Movement Rigetti’s stock trajectory has been nothing short of dramatic. After languishing below $1 in 2023, RGTI took off in summer 2025. By mid-September it had “soared more than 80% in the past month and 160% in the last three months,”according to TipRanks tipranks.com. It reached an intraday 52-week high ~$34.40 in late Sept reuters.com. On Oct 2 it opened around $30.67 and climbed to trade near $35 early in the session (+17% intraday) stockanalysis.com; Reuters shows it at ~$31.95 (up +7.07%) later that morning reuters.com. In the days prior, the stock had run up on both good news and broader