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Why Rigetti Computing Stock Soared Today

TheMotleyFool

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Why Rigetti Computing Stock Soared Today: https://g.foolcdn.com/editorial/images/834176/quantum-computing-chip-image.jpg

Rigetti Computing (NASDAQ: RGTI) stock soared Thursday morning after the company announced a new deal. The news sent Rigetti shares to an all-time high. Shares of the developer and builder of quantum computing systems were up by 14.1% near the session high, as of 11:53 a.m. ET.

Rigetti announced today that it was awarded a new three-year contract worth $5.8 million. It wasn't the only deal in the quantum computing space that has the stock and its peers moving higher today.

Source Fool.com

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