Rigetti Computing Hits Day High with 12.51% Surge in Strong Intraday Performance
Rigetti Computing, Inc. has seen notable stock activity, achieving a significant intraday high. Over the past year, the company has demonstrated extraordinary growth, vastly outperforming the S&P 500. However, it faces challenges, including a decline in net sales and negative EBITDA, within the competitive IT hardware sector.
Rigetti Computing, Inc. has experienced significant activity today, with the stock surging by 12.51% on September 18, 2025. The company, operating in the IT - Hardware sector, reached an intraday high of USD 26.21, reflecting a notable performance against broader market trends.In terms of performance metrics, Rigetti Computing has shown remarkable growth over various time frames. Over the past year, the stock has skyrocketed by 2301.94%, significantly outperforming the S&P 500, which recorded a gain of only 17.14%. Year-to-date, Rigetti has achieved a 62.12% increase, while the S&P 500 has risen by 12.22%.
Despite these impressive short-term gains, the company faces challenges, including a decline in net sales, which fell by 21.78% in the most recent quarter. Additionally, the company has reported a negative EBITDA and a concerning annual growth rate of -50.83% in net sales over the last five years. With a market capitalization of USD 4,911 million, Rigetti Computing remains a small-cap player in the competitive IT hardware landscape.
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