Defiance Daily Target 2X Long RGTI ETF is trading 6.5% up today as Rigetti Computing (RGTI) and speculative quantum/AI names bounce back from a sharp two-day drawdown.
- The fund targets 200% of the daily performance of Rigetti Computing, amplifying today's recovery in the quantum computing sector following a post-jobs report selloff.
- The bounce follows a period of extreme volatility triggered by macro-driven tech selling and interest rate-hike repricing, which had previously pressured high-beta assets.