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Is Rigetti’s Stock On The Rise?

Ellis HobbsAvatar
Written by Ellis Hobbs Reviewed by Jack Kellogg Fact-checked by Tim Sykes
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Rigetti Computing Inc.’s stocks have been trading down by -5.7 percent amid news of significant leadership changes.

Market Buzz

  • A director at Rigetti Computing, Alissa Fitzgerald, sold 77,284 shares for nearly $982,000. She still retains control over 93,991 common shares of the company.
  • Insider Michael S. Clifton sold 75,000 shares valued at $888,000 and continues to hold 863,864 shares.

Candlestick Chart

Live Update At 14:32:00 EST: On Tuesday, June 17, 2025 Rigetti Computing Inc. stock [NASDAQ: RGTI] is trending down by -5.7%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Financial Overview

As millionaire penny stock trader and teacher Tim Sykes says, “Embrace the journey, the ups and downs; each mistake is a lesson to improve your strategy.” Trading is a complex field that requires constant learning and adaptation. In the world of trading, every success story comes with a series of challenges and learning moments. Adopting this mindset allows traders to navigate the market’s fluctuations with resilience. It’s not just about making profits, but understanding that even losses contribute to long-term growth. Embracing each experience, whether a high or a low, fosters a deeper comprehension of market dynamics and personal trading strategies. It’s essential for traders to remain adaptable and learn from each twist and turn in the market.

Let’s dive into Rigetti’s recent earnings report. The company closed with a revenue of around $10.79M. Yet, taking a peek below the surface, the profit margins are not painting a rosy picture. With negative margins, it’s like a roller coaster ride going downhill.

More Breaking News

Their balance sheet, at first glance, seems stable, boasting a hefty amount of assets compared to liabilities. Yet, profitability metrics indicate a challenging financial terrain with a misstep leading to significant losses. Even though they have a low debt ratio, which is typically seen as good, their return on assets tells another story of negative growth. The stock’s current price-to-sales ratio might sound alarming at over 200—it’s easily one of the highest in the industry, illustrating overvaluation if the revenue doesn’t pick up speed soon.

Insider Transactions and Market Influence

In the world of finance, when insiders start selling shares, it often raises eyebrows among investors. Although it’s sometimes part of regular trading, it can hint at bigger stories unfolding behind the curtain. Alissa Fitzgerald and Michael S. Clifton’s recent stock sales do stir curiosity. It might be nothing more than routine profit-taking, yet for investors, it’s a signal to dive deeper and reassess their positions.

Their actions can sway market sentiment. Investors may scrutinize this move, pondering if the insiders foresee potential tweaks in Rigetti’s performance that have not yet surfaced. Historical stock data suggests a modest dip following insider selling—though not always definitive in predicting future performance, it’s a trend that can’t be ignored.

Understanding Rigetti’s Stock Prices

Recent stock data throws light on Rigetti’s volatile journey. We saw shares fluctuate dramatically. Starting strong at $12.61, it slid to $11.44 within just a couple of days. This unrest could be linked to recent news and market anticipation. The stock has shown its ability to bounce back, yet staying informed on ongoing developments is crucial.

Interpreting intraday data gives another layer of intelligence. Consistent shifts within a single trading session show day traders’ involvement, dipping in and out for quick gains. Whether these are knee-jerk reactions to market stimuli or calculated maneuvers for returns, that’s up to the analysts to decide.

The Bigger Picture

The financial landscape around Rigetti is a mosaic of mixed signals. While the company wrestles with profitability concerns, indisputable is their technological footprint and potential for innovation. Their quantum computing endeavors keep investors hoping for brighter days ahead.

Michael Clifton and Alissa Fitzgerald’s stock sales might be just part of ordinary course operations or a harbinger of broader strategic shifts. In a world where quantum supremacy could spark a technological upheaval, Rigetti’s ambitions are not unfounded. However, positioning oneself wisely by following both insider cues and broader market trends can help in avoiding pitfalls.

Conclusion

While Rigetti seems to be enduring its fair share of turbulence, it’s crucial to remember the fundamental promise that quantum computing holds. The pathway to robust and sustainable profitability remains uncertain, but the whisper of a breakthrough keeps the air pregnant with possibilities.

Traders who opt to ride this wave should brace for volatility, and maybe, just maybe, catch the crest before it breaks. As millionaire penny stock trader and teacher Tim Sykes says, “You must adapt to the market; the market will not adapt to you.” For those with risk appetite, trading in such a high-stakes game could turn into a rewarding venture, provided they time it right and keep an ear to the ground.

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

Dive deeper into the world of trading with Timothy Sykes, renowned for his expertise in penny stocks. Explore his top picks and discover the strategies that have propelled him to success with these articles:

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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”