Rigetti Computing Inc (NASDAQ:RGTI) shares are on the rise Wednesday. Investors are positioning themselves ahead of the company’s fourth‑quarter earnings report, which will be released after the market closes.
- Rigetti Computing shares are powering higher. What’s behind RGTI gains?
Earnings Anticipation Builds
Rigetti is expected to report a quarterly loss of 4 cents per share on revenue of about $2.46 million. Traders are watching closely for any upside surprises or encouraging guidance, especially after last quarter’s modest EPS beat failed to prevent the stock from sliding the next day.
Financial Footing Supports Long-Term Development
In …