Defiance Daily Target 2X Long RGTI ETF is trading at $22.50 (-11.35%) as speculative momentum in the quantum computing sector cools, led by weakness in Rigetti Computing.
- The decline tracks a broader reversal in high-beta tech sentiment, with the Nasdaq trading lower intraday.
- Recent whipsaw price action suggests this leveraged ETF is amplifying underlying sector volatility as risk appetite for speculative growth names softens.