NEW YORK, January 3, 2026, 07:29 ET — Market closed
- Rigetti shares jumped 6.5% to $23.60 in Friday’s session, with heavy trading volume.
- A Form 144 notice flagged a proposed sale of 59,316 shares by director Alissa Fitzgerald, worth about $1.31 million.
Rigetti Computing Inc (RGTI) shares ended Friday up 6.6% at $23.60, with about 37.3 million shares traded.
The move put the quantum-computing developer back on traders’ screens at the start of a year expected to bring a steady flow of economic data and corporate earnings that can reset appetite for risk.
Quantum stocks have tended to trade more like sentiment gauges than cash-flow stories, swinging on expectations for interest rates and the speed at which the technology reaches commercial-scale workloads.
A Form 144 filing with the U.S. Securities and Exchange Commission listed board director Alissa Fitzgerald as the person for whose account shares may be sold.
The document showed up to 59,316 shares could be sold, with an aggregate market value of about $1.31 million.
It also cited March 13, 2025 as the adoption date for a Rule 10b5-1 plan, a pre-set trading instruction often used by executives and directors to schedule sales.
Rigetti traded between $21.62 and $24.01 on Friday after opening at $22.56, Zacks data showed.
The rally was not isolated: IonQ gained 4.3%, D-Wave Quantum rose 7.6% and Quantum Computing Inc climbed 7.3% on the day.
Before the next session, investors will be watching next Friday’s U.S. jobs report and a consumer price index reading due Jan. 13, with fourth-quarter earnings season also approaching, Reuters reported. “The market is looking for direction,” said Matthew Maley, chief market strategist at Miller Tabak. Reuters
For Rigetti, the next company-specific catalyst on most calendars is its quarterly report, expected around March 5. MarketWatch
Technically, the stock remains well below its 50-day moving average of $29.13 and far from its 52-week high of $58.15, while the 52-week low stands at $5.95, according to Yahoo Finance.