Why Rigetti (RGTI) Stock Is Surging Toward New Highs—And Is It Buyable at $26?

TradingKey - Rigetti RGTI at $26.75, breaking above Fib 2.618 at $26.97 with volume surge.

Rigetti Computing (NASDAQ: RGTI) is racing to $26.75 after decisively punching through the 2.618 Fibonacci extension level, which sits at $26.97.

Rigetti and Why the Quantum Momentum Is Moving the Stock Rigetti is one of a select group of pure-play publicly listed quantum computing firms.

Rigetti designs superconducting quantum processors and provides access to those quantum computers via its cloud, using their Rigetti Quantum Cloud Services platform.

Rigetti builds superconducting quantum processors, which can be accessed over the cloud using Rigetti’s cloud-based platform, Rigetti Quantum Cloud Services.