Why Shares of Rigetti Computing Are Surging This Week

Since the close of trading last week, shares of Rigetti Computing (NASDAQ: RGTI) had risen nearly 10%, as of 11:49 a.m. ET Thursday. The move is being driven by an announcement from JPMorgan Chase earlier in the week.Quantum computing stocks like Rigetti ripped higher earlier this week after JPMorgan Chase, the largest bank by assets in the U.S., announced that it would make $10 billion investment in direct equity and venture capital investments to companies that are part of sectors that enhance national economic security in the U.S. Within its announcement, JPMorgan also cited 27 subareas it would target for investment, and one of them was quantum computing.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool