Rigetti Computing, Inc. (RGTI): A Bear Case Theory 

We came across a bearish thesis on Rigetti Computing, Inc. on wallstreetbets subreddit by  dnr41418. In this article, we will summarize the bulls’ thesis on RGTI. Rigetti Computing, Inc.'s share was trading at $23.96 as of December 16th.

Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. RGTI faces significant near-term downside as multiple ETF rebalances converge this Friday, December 19th, creating intense forced...