Rigetti Computing is trading at $16.31, down -4.06%, amid a broader technology and semiconductor selloff; SOXX is down 2.50% during the session.
- Rising Treasury yields and geopolitical tensions are pressuring growth-oriented technology valuations; Reuters linked similar semiconductor weakness to higher yields and oil prices.
- Rigetti announced leadership restructuring and a new COO, but available coverage does not establish the changes as the cause.