Rigetti Computing Stock Is Up 1,756%. Why Shares Could Fall
SAN FRANCISCO, CA – SEPTEMBER 07: Rigetti Quantum Computing Founder and CEO Chad Rigetti speaks … [+]
Shares of Rigetti Computing — a Berkeley, Calif.-based provider of full-stack quantum computing services — have risen 1,756% in the last year, according to the Wall Street Journal.
This raises many questions: What is quantum computing? Is Rigetti a strong competitor? Are the company’s shares overvalued? Will the shares keep going up?
My quick answers:
- Quantum computing replaces traditional computing’s bits (that store…
