The Top 10 Performing Stocks on Wednesday

6. Rigetti Computing Inc. (NASDAQ:RGTI)

Rigetti Computing snapped a five-day losing streak on Wednesday, rallying 8.71 percent to end at $8.49 apiece as investors bought up on bargains to take advantage of its recent drop.

The rally followed the launch of the RGTX, the Defiance Daily Target 2X Long RGTI ETF, a single-stock ETF designed to provide amplified exposure to RGTI. The ETF offers traders a way to seek enhanced returns on RGTI without requiring a margin account.

According to Defiance ETFs, RGTX seeks daily investment results that correspond to 200 percent of RGTI’s daily percentage change.

“RGTX offers investors a way to seek leveraged exposure to RGTI, a known leader in quantum computing technology,” said Sylvia Jablonski, CEO of Defiance ETFs. “As Rigetti continues to develop its proprietary quantum processors and expand its Quantum Computing as a Service (QCaaS) platform, this ETF provides a trading tool for those looking to engage with the company’s market performance.”