Rigetti Computing (RGTI) Stock Slips Lower in Midday Trading After Morning Volatility
NEW YORK – Shares of quantum computing company Rigetti Computing Inc. (NASDAQ: RGTI) experienced a volatile morning session before settling slightly lower in midday trading on Wednesday, April 10th.
As of 12:04 PM EDT, Rigetti Computing stock was trading at $9.33 per share on the NASDAQ. This represents a modest decline of 0.64%, or $0.060, for the day compared to its previous closing price of $9.39.
The intraday chart reveals a dynamic trading pattern for RGTI. The stock initially dipped after the market opened before staging a significant rally mid-morning, peaking above the $9.60 mark. However, these gains proved temporary as the stock gradually pared back, eventually dipping into negative territory around lunchtime.
Despite the minor percentage change overall, the fluctuation highlights investor activity surrounding the quantum computing sector participant. The current price remains slightly below the previous day’s close, indicating some profit-taking or shifting sentiment after the morning surge.
Investors continue to monitor Rigetti’s performance on the NASDAQ as it navigates the evolving landscape of quantum technology and broader market trends. The stock’s movement today showcases typical intraday volatility, albeit currently resulting in a small net loss from the prior session’s end.
