RGTI, SOFI & MGM Under Pressure
Rigetti has $11.9 million in revenue and a $3.7 billion market cap.
Even if quantum is the future, this is a bad stock to bet on because the fundamentals are so bad.
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2. $SoFi Technologies Inc.(SOFI)$
If SoFi is becoming more of a platform company, facilitating loans through its "lending platform" like we saw with the $2 billion Fortress deal, that growth will show up here, not in lending revenue.
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3. $MGM Resorts International(MGM)$
MGM stock is down 23% in the past year.
If management just keeps the buyback level flat, it could reduce shares outstanding at a 20%/yr pace right now.
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