$Rigetti Computing(RGTI.US) rose by five or six points, $IonQ(IONQ.US) edged up slightly. The quantum computing sector was ignited by HPE's hybrid quantum platform partnership list — $Rigetti Computing(RGTI.US) made the list alongside Quantinuum and Intel.
Technically, these quantum stocks are still driven by typical thematic narratives, pushed by waves of milestones and endorsements from major companies, without sustained underlying earnings performance. Only by holding the platform formed after this rally is there a reason to keep watching; a break below would signal the theme's fading. Such stocks have always been about quick entries and exits.
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