Rigetti Computing ( NASDAQ : RGTI ) Trading Up 8 . 9 % – Here Why

Shares of Rigetti Computing, Inc. (NASDAQ:RGTI – Get Free Report) shot up 8.9% during mid-day trading on Tuesday . The stock traded as high as $17.72 and last traded at $17.45. Approximately 24,002,817 shares were traded during mid-day trading, a decline of 28% from the average session volume of 33,550,035 shares. The stock had previously closed at $16.02. Several analysts have commented on the company. Mizuho reduced their price objective on Rigetti Computing from $33.00 to $27.00 and set an “outperform” rating for the company in a research note on Tuesday, May 12th. Northland Securities assumed…