Rigetti Computing, Inc. (RGTI): A Bear Case Theory

We came across a bearish thesis on Rigetti Computing, Inc. (NASDAQ:RGTI) on wallstreetbets Subreddit Page by value1024. In this article, we will summarize the bears’ thesis on RGTI. Rigetti Computing, Inc. (NASDAQ:RGTI)'s share was trading at $19.02 as of Jan 3^rd.

[caption id="attachment_1207451" align="aligncenter" width="768"] A quantum computer on a countertop in an engineering laboratory with a technician at work.[/caption]

RGTI’s recent performance highlights a troubling trend for investors. In late November, the company diluted shares at a low price of $2, yet the market...