Rigetti Computing Inc is trading 10.2% down at $19.55 as traders lock in profits following a sharp multi-day rally and a period of elevated volatility.
- The pullback appears to be a consolidation move for the speculative quantum computing stock, with no new company-specific headlines or fundamental developments reported during the session.
- Broader technology stocks are also trading weaker today, adding pressure to the name as overall market risk appetite softens.