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Citron call Rigetti Computing shares ‘ridiculous’ at current levels
The Fly

Citron call Rigetti Computing shares ‘ridiculous’ at current levels

Andrew Left’s Citron Research said via Twitter: “Buying $RGTI based on Google’s quantum success is as misguided as believing every TikTok guitarist is the next Taylor Swift. When the hype fades, investors will recall $RGTI sold equity at $2 just two weeks ago, with more dilution to come rather than true quantum competitiveness. Still in science-project mode, even its biggest cheerleader troubled $RILY has target at $4. Citron not ‘throwing rocks at things that shine’-just giving an honest opinion. Was interesting at $1…ridiculous here!” Rigetti Computing (RGTI) in midday trading is up 1% to $6.57.

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