Shares of Rigetti Computing, Inc. (RGTI) gained over 23% on Monday morning after the company announced the launch of 84-Qubit Ankaa-3 System.
RGTI is currently trading at $11.58, up $2.21 or 23.59%, on the Nasdaq. The stock opened its trading at $12.14 after closing Friday at $9.37. The stock has traded between $0.66 and $12.75 in the past 52-week period.
Ankaa-3 is Rigetti's newest flagship quantum computer featuring an extensive hardware redesign that enables superior performance. Rigetti also celebrates major two-qubit gate fidelity milestones with Ankaa-3: successfully halving error rates in 2024 to achieve a median 99.0% iSWAP gate fidelity, as well as demonstrating 99.5% median fidelity fSim gates.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.