Rigetti Computing (RGTI) Stock Plunges Over 6% in Mid-Morning Trading

NEW YORK, NY – Shares of Rigetti Computing Inc. (NASDAQ: RGTI) experienced a sharp decline during mid-morning trading on April 11th, reflecting significant selling pressure in the US market session.

As of 11:29 AM ET (UTC-4), the quantum computing company’s stock was trading at 0.62 for the day, translating to a decrease of 6.53%.

The negative move places RGTI stock considerably below its previous closing price of $9.42. The intraday chart illustrates a consistent downward trend from the market open, indicating sustained bearish sentiment for the shares during the morning hours.

Investors are closely watching Rigetti Computing’s performance following this significant price action. The stock’s trajectory will continue to be influenced by market dynamics throughout the remainder of the trading day.