Why Rigetti Computing, Inc. (RGTI) Crashed Today
From Yahoo Finance: 2025-05-21 20:31:00
Ten companies, including Rigetti Computing, saw significant losses due to government policies and poor earnings. Dow Jones fell 1.91%, S&P 500 dropped 1.61%, and Nasdaq declined 1.41%. Rigetti Computing (RGTI) fell 8.05% to $10.96 per share after reporting a 52% revenue decline in Q1, with operating expenses increasing by 22%. Despite recent government projects, RGTI ranks 7th on the list of companies in the red.