Rigetti Computing is trading at $14.33 (-7.99%) as of the live session, reversing a portion of the prior day’s +10.53% surge.
- The decline appears to be a technical pullback following recent volatility, as no major company-specific announcements or earnings updates have been released.
- Broader semiconductor weakness is weighing on sentiment, with the SOXX index down 4.45% amid concerns regarding AI spending and competition in China.