Rigetti(US:RGTI) Benzinga·2024-11-25 19:18Market Performance - U.S. stocks experienced a positive trading session, with the Dow Jones index increasing by over 400 points, closing up 0.95% at 44,718.05. The NASDAQ rose 0.25% to 19,050.84, and the S&P 500 gained 0.29% to 5,986.39 [1]. Sector Performance - Consumer discretionary shares saw a notable increase of 1.6% on Monday [2]. - Energy shares, in contrast, fell by 1.8% [3]. Company News - BridgeBio Pharma, Inc. (BBIO) shares surged 19% to $27.80 following FDA approval of Attruby for treating adults with ATTR-CM [5]. - Quantum Computing Inc. (QUBT) shares rose 12% to $6.80 after AWS announced the Quantum Embark program [5]. - Rigetti Computing, Inc. (RGTI) shares increased by 56% to $2.7211 after completing a $100 million at-the-market equity offering aimed at working capital and advancements in superconducting quantum computing technology [5]. - Cassava Sciences, Inc. (SAVA) shares plummeted 81% to $4.7301 after announcing that Simufilam did not significantly reduce cognitive decline in Alzheimer's patients [6]. - Oncternal Therapeutics, Inc. (ONCT) shares dropped 46% to $0.6201 due to NASDAQ's plans to delist its stock [6]. - CareMax, Inc. (CMAX) shares fell 14% to $0.6205 amid restructuring and bankruptcy challenges [6]. Commodity Market - Oil prices decreased by 3.3% to $68.92, while gold prices fell by 3.4% to $2,621.10 [7]. - Silver also declined by 3.4% to $30.265, while copper saw a slight increase of 0.2% to $4.0925 [8]. European Market - European shares showed positive movement, with the eurozone's STOXX 600 gaining 0.06%, Germany's DAX up 0.43%, and France's CAC 40 rising 0.03% [9]. - The Ifo Business Climate indicator for Germany decreased to 85.7 in November from 86.5 in October, falling short of market expectations [9]. Asian Market - Asian markets closed mixed, with Japan's Nikkei 225 gaining 1.30% and India's BSE Sensex up 1.25%, while Hong Kong's Hang Seng Index fell by 0.41% and China's Shanghai Composite Index decreased by 0.11% [10].