Rigetti Shares Slide 8.7% Amid Holiday Thin Trading, Quantum Volatility
Rigetti Computing (RGTI) fell sharply Friday, closing at $22.38 as diminished liquidity amplified moves in the quantum computing stock. The decline reflects broader market conditions rather than company-specific news, with holiday-thinned trading exacerbating volatility.
Institutional investors like Osaic Holdings continue accumulating positions, signaling confidence in Rigetti's long-term quantum roadmap despite near-term revenue challenges. Upcoming earnings and contract milestones loom as potential catalysts when normal trading resumes.
The quantum sector remains bifurcated—technical promise versus commercial viability debates persist. Rigetti's 52-week range ($22.33–$24.37) suggests traders are reassessing risk premiums ahead of January's liquidity return.
