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Shares of Rigetti Computing ( RGTI 30.74%) are soaring on Thursday. The company's stock has jumped 28.9% as of 1:38 p.m. ET.

The animal spirits are alive and well on Wall Street as momentum names like Circle, Unity Software, and Rigetti break out on volume.

Rigetti Computing (RGTI) surged during Wednesday trading after achieving a new milestone, which places its quantum computing system closer to achieving profitability.