American stocks have started the year well, with the S&P 500 and Nasdaq 100 indices soaring to their record highs. This trend may continue although risks remain, especially with the Federal Reserve maintaining a hawkish tone and Donald Trump threatening tariffs on imports.

We recently compiled a list of the 10 Firms Kick Off Trading Week Soaring. In this article, we are going to take a look at where Rigetti Computing, Inc. (NASDAQ:RGTI) stands against the other stocks.

Adding to the pressure, D-Wave announced on Friday that the company was going to sell up to $150 million in common shares. That move would dilute the current shareholders of the company. Early stage companies often take advantage of price increases to raise capital to invest in their research and development.

Shares of Rigetti Computing are falling precipitously, but could this be an opportunity to cash in on the quantum computing movement at a reasonable price?

Shares of Rigetti were rocked more than two weeks ago following comments from Jensen Huang regarding the extended timeline that NVIDIA sees before the quantum computing industry generates effective game changing technology.

Rigetti Computing's financials show low and inconsistent revenues, a declining cash position, and increasing share dilution. Read why RGTI stock is a Hold.