RGTI is trading 10.1% down at $16.05 as traders position ahead of its Q1 2026 earnings release expected after the close.

  • The stock continues its downward momentum following a sharp 7.37% decline in the previous session, where it closed at $17.85.
  • Investors appear to be de-risking amid broader pressure on the Nasdaq and a significant pullback from the stock's recent rally.
  • Market focus remains on Rigetti’s upcoming financial results and forward-looking guidance for the remainder of the year.