Why Rigetti Computing Stock Is Sinking Today

Rigetti sank after last week's earnings, and fears over a worsening economy.Shares of Rigetti Computing (RGTI -8.99%) are sinking on Tuesday, down 8.7% as of 2:46 p.m. ET. The drop comes as the S&P 500 loses 0.7% and the Nasdaq Composite loses 1.5%.The quantum computing company's stock is continuing its slide after its recent earnings failed to impress investors and as macro concerns about the direction of the economy are leading investors to jump out of risky stocks.Rigetti Computing stock drops on weak Q2 ...