Rigetti Computing, Inc. is a full-stack quantum computing company. Co. operates quantum computers over the cloud and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. Co.'s quantum-classical infrastructure provides high performance integration with public and private clouds for practical quantum computing. It has developed a multi-chip quantum processor for scalable quantum computing systems. Through the Co.'s Quantum Computing as a Service (QCaaS) platform, its machines can be integrated into any public, private or hybrid cloud. We show 13 historical shares outstanding datapoints in our RGTI shares outstanding history coverage, used to compute RGTI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RGTI market cap history over the course of time is important for investors
interested in comparing RGTI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of RGTI versus a peer is one thing; comparing
RGTI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like RGTI can fluctuate over the course of history.
With this page we aim to empower investors researching RGTI by allowing them to research the RGTI market cap history. |
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Video: The Importance of Market Cap
