🟢 RGTX is trading 3.3% up today as Rigetti Computing bounces after a sharp multi-day decline

RGTX is trading 3.3% up today as its underlying stock, Rigetti Computing (RGTI), rebounds from a sharp multi-day decline.

• As a 2x leveraged ETF tied to RGTI, any rebound in the quantum computing name produces amplified upside in RGTX.
• While broader U.S. tech weakness remains a headwind, the ETF’s extreme volatility and high beta are causing outsized moves even on relatively small changes in the underlying stock price.