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Benzinga
Benzinga
Business
Henry Khederian

Rigetti Computing Stock Is Tumbling Friday: What's Going On?

Rigetti Rigetti Computing RGTI Quantum Rigetti Computing Inc
Los,Angeles,,California,-,August,3,2025:,Rigetti,Quantum,Company

Shares of Rigetti Computing Inc (NASDAQ:RGTI) are trading lower Friday, extending a recent downturn as the broader quantum computing sector cools off from a massive rally.

What Too Know: Headwinds for Rigetti intensified this week following reports that CEO Subodh Kulkarni sold his entire 1 million-share stake, a move that has raised significant investor concern about leadership’s conviction.

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