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RGTI - Rigetti Computing stock gains as Cowen initiates coverage at outperform
Rigetti Computing Inc.
Rigetti Computing (NASDAQ:RGTI) shares popped after Cowen initiated coverage on the stock, with an "outperform" rating. Shares are up ~8% currently but has slid 12% YTD The tech company recently reported its Q1 results, generating GAAP earnings per share of -$0.20 and revenue of $2.1M (-11.0% Y/Y).