Rigetti Computing (NASDAQ: RGTI) shares extended their decline on October 30, 2026, falling approximately 10% during Friday’s session to $10.86 and touching an intraday low of $10.82.

The stock has lost more than 75% of its value from the 52-week high of $44.52, reflecting a sharp reversal in investor sentiment toward speculative quantum computing companies.

• Rigetti Computing shares fell to approximately $10.86 on October 30, trading more than 75% below their 52-week high of $44.52.
• Q2 2026 revenue increased 185% to $5.14 mn, but the company reported an operating loss of $28.1 mn and remains far from profitability.
• Rigetti secured an agreement for up to $100 mn in CHIPS Act funding, supporting quantum computing…