Stock Track | Rigetti Computing Plummets 11.11% Amid Concerns Over Quantum Computing's Near-Term Viability
Rigetti Computing shares plummeted 11.11% in intraday trading on Monday, following doubts expressed by high-profile tech leaders about the near-term practical applications of quantum computing.The stock's decline comes ahead of Rigetti's fourth-quarter 2024 earnings report scheduled for March 5th. Despite expectations of revenue growth and advancements in quantum processors, concerns over the industry's challenges and extended timeline for commercialization have weighed heavily on investor sent