Rigetti Computing, Inc. is trading at $12.20 (3.4% down), extending a sharp two-day slide as investors pull back from speculative AI and quantum computing names.
- The decline comes amid a broader Nasdaq sell-off and a market rotation away from high-growth tech stocks toward value and industrial sectors.
- Sentiment continues to be weighed down by recent quantum roadmap delays and concerns over the company's rich valuation.
- There are no fresh company-specific filings or news today, suggesting the move is driven by broader macroeconomic trends and sector-wide profit-taking.