Shares of Rigetti Computing, Inc. (NASDAQ:RGTIW – Get Rating) shot up 19.6% during mid-day trading on Wednesday . The stock traded as high as $0.21 and last traded at $0.20. 116,583 shares changed hands during mid-day trading, an increase of 96% from the average session volume of 59,346 shares. The stock had previously closed at $0.17.
Rigetti Computing Stock Up 19.6 %
The firm has a fifty day moving average price of $0.11 and a 200-day moving average price of $0.27.
Get Rigetti Computing alerts:Hedge Funds Weigh In On Rigetti Computing
Several institutional investors have recently bought and sold shares of RGTIW. LMR Partners LLP lifted its stake in Rigetti Computing by 47.2% in the third quarter. LMR Partners LLP now owns 1,395,150 shares of the company's stock valued at $2,623,000 after purchasing an additional 447,037 shares during the last quarter. Walleye Capital LLC purchased a new stake in shares of Rigetti Computing during the first quarter worth $453,000. D.A. Davidson & CO. purchased a new stake in shares of Rigetti Computing during the first quarter worth $163,000. Arena Capital Advisors LLC CA purchased a new stake in shares of Rigetti Computing during the first quarter worth $128,000. Finally, Sculptor Capital LP purchased a new stake in shares of Rigetti Computing during the first quarter worth $96,000.
About Rigetti Computing
(Get Rating)Rigetti Computing, Inc operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.
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