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What's Going On With Rigetti Computing (RGTI) Stock?
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What's Going On With Rigetti Computing (RGTI) Stock?
Mar 4, 2025 6:58 AM

Rigetti Computing Inc ( RGTI ) shares are trading lower by 4.6% to $7.34 during Tuesday’s session, reflecting broader market uncertainty and investor caution ahead of the company's earnings report scheduled for Wednesday’s after-hours session.

Tuesday’s decline comes as U.S. stock futures weakened following the worst trading session of the year, with heightened concerns over impending tariffs on Mexico and Canada.

What To Know: Investor sentiment toward growth stocks, particularly in the technology sector, has been fragile in recent sessions due to economic uncertainty amid impending tariffs. The downturn in semiconductor and quantum computing stocks on Monday exacerbated Rigetti's slide, as traders moved away from high-risk assets.

Read Also: Bitcoin Bottom Will Be $70,000 ‘At Worst,’ Arthur Hayes Says

Additionally, with Treasury yields slipping further, market participants appear to be repositioning portfolios in anticipation of a potentially cautious outlook from the Federal Reserve.

Rigetti Computing ( RGTI ) specializes in quantum computing, developing superconducting quantum processors and hybrid quantum-classical computing solutions aimed at revolutionizing industries such as pharmaceuticals, finance and artificial intelligence.

With Rigetti yet to report its quarterly results, investors are bracing for potential volatility. Signs of slowing revenue growth or higher-than-expected losses could further pressure the stock.

Read Also: Target CEO Cautions Tariffs Will Pressure FY25 Profit, Consumer Uncertainty To Hit Feb Sales

How To Buy RGTI Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Rigetti Computing ( RGTI ) 's case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, RGTI has a 52-week high of $21.42 and a 52-week low of $0.66.

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