Currently at 'oversold' due to an end of the lock-up period. Rigetti Computing is a Berkeley, California-based developer of superconducting quantum computers. Partnership with Nasdaq, Standard Chartered Bank, United States Department of Energy, Ampere Computing and etc. Rigetti's 80-qubit Aspen-M machine available on Amazon AWS and Microsoft Azure cloud. Huge potential.
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.
