Rigetti Computing Plunges 6.77 as $6.49B Volume Secures 15th U.S. Rank Amid Quantum Cloud Delays and Sector Reassessment
On October 10, 2025, Rigetti ComputingRGTI-- (RGTI) closed with a 6.77% decline, trading at $X.XX. The stock led the volume rankings with $6.49 billion in turnover, securing the 15th position among U.S. equities. The significant drop followed mixed signals from recent developments in quantum computing infrastructure and regulatory scrutiny.
Analysts noted that the selloff coincided with unconfirmed reports of delayed project timelines for quantum cloud services. While the company has not issued a public statement addressing these claims, investors appeared to price in potential operational risks amid a sector-wide reassessment of long-term profitability assumptions.
Short-term technical indicators suggest further downside pressure as the stock breached key support levels established over the past three months. Market participants are closely monitoring upcoming earnings reports for clarity on capital allocation strategies and R&D progress.
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