🔴 RGTX ETF (RGTX) is trading 14.0% down today as traders fade a recent run-up in quantum and AI sentiment

RGTX is trading at $35.80 (-14.02%) following a sharp reversal in quantum and AI-related risk appetite.

• The move in this 2x leveraged ETF is primarily driven by a pullback in Rigetti Computing as investors fade the recent run-up amid elevated volatility.
• The decline appears to be an idiosyncratic sector-specific unwind rather than a market-wide selloff, as broader equity markets remain modestly higher.