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Rigetti Computing's stock dropped 4% to $8.15, despite a "Buy" rating and CTO's recent share sale.
Rigetti Computing's stock fell 4% to close at $8.15 on Thursday, despite having a "Buy" consensus rating and a $14.50 target price.
The company reported EPS of ($0.08), matching analyst expectations, and has a market cap of $2.14 billion.
CTO David Rivas recently sold a significant portion of his shares.
Rigetti focuses on quantum computing hardware and cloud services, and has seen substantial stock growth in the past year.
Institutional investors hold 35.38% of the company's stock.
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Las acciones de Rigetti Computing cayeron un 4% a $8,15, a pesar de una calificación de "Comprar" y la reciente venta de acciones de CTO.