On May 28, Rigetti Computing declined 5.12% Overnight, trading at $23.16 USD/share, with trading volume of approximately $7.83 million.

On the news front, the broader semiconductor sector faced systemic selling pressure, with Micron Technology down 5.12%, Marvell Technology down 4.48%, Intel down 3.88%, and NVIDIA down 1.36%, collectively dragging on RGTI. Additionally, the stock had surged over 50% between May 21 and May 22 following the US Commerce Department announcement of approximately $2 billion in funding for nine quantum computing companies, with the government taking equity stakes in recipients including Rigetti. The rapid prior appreciation intensified profit-taking pressure, with a 6.65% pullback already occurring on May 26 during regular trading. The current overnight decline represents a continuation of post-rally digestion.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)