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Rigetti Computing (RGTI) is among the quantum computing stocks that has seen incredible volatility over the past year. After Nvidia (NVDA) CEO Jensen Huang quipped that quantum computing technology could be decades away from true commercialization in January, shares of quantum computing stocks like Rigetti plunged. From a peak near $20, RGTI stock now trades under $9 per share.
That said, putting this move in context is important. The quantum computing player has rebounded nicely off of its low following these comments below $6 per share and is moving in the right direction.