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via seekingalpha.comBusiness & Companies

Rigetti reports lumpy Q3 results, but analysts focus on roadmap

FROM THE WIRE · SEEKINGALPHA.COM

[Inside the Quantum Lab, wide center shot. V01] John D/iStock via Getty Images Rigetti Computing's (RGTI [https://seekingalpha.com/symbol/RGTI]) third-quarter earnings results…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishResults below expectations weigh on the stock, but the technology roadmap remains the key driver.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Rigetti's third-quarter results fell short of market expectations.
  2. 02Shares were down about 4% in Wednesday morning trading.
  3. 03The stock has plunged nearly 50% year to date.
  4. 04A StoneX analyst said roadmap milestones will drive share price performance in the interim.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Rigetti Computing, Inc.RGTIStock11.63 USD-0.51%today -4.24%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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