Rigetti Computing (RGTI) stock is soaring 6.11% in Friday's trading session, riding the wave of a broader rally in quantum computing stocks. This upward movement comes as part of a significant surge across the quantum technology sector in premarket trading.
According to market data, several quantum computing companies are experiencing notable gains. Quantum Corp leads the pack with a remarkable increase of over 14%, followed by Quantum Computing, which is up by more than 8%. Other players in the sector, including D-Wave Quantum and IonQ, are also showing positive momentum with gains of 4% and 3% respectively.
The collective rise in quantum computing stocks suggests a renewed investor interest in this cutting-edge technology sector. While specific catalysts for this sector-wide rally have not been explicitly stated, it could be attributed to factors such as advancements in quantum technology, positive industry news, or shifting market sentiments towards high-tech growth stocks. As Rigetti Computing continues to develop its quantum processors and solutions, its stock performance appears to be benefiting from this broader industry trend.