Rigetti Computing (Ticker: RGTI) had been soldoff all the way down to below $2 level with over -80% in 6 months. Now, it is trading at near the balance sheet cash position. Meanwhile, other quantum computing stocks are still trading at 2x ~ 10x their balance sheet cash position. In my opinion, we are at the bottom now. DYOR.
Trade closed: stop reached
The founder and CEO left the project. Losing competition. Bearish.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.