Why Is Rigetti Computing Stock Sinking Monday?

Shares of Rigetti Computing Inc. (NASDAQ:RGTI) slipped Monday after B. Riley Securities analyst Craig Ellis downgraded the stock from Buy to Neutral, even as he raised the price forecast from $35 to $42.The pullback follows a recent rally fueled by speculation that the U.S. Commerce Department was considering taking equity stakes in key quantum computing firms, including Rigetti, to bolster national security.Although the department later clarified it was not engaged in active talks, the report had already s ...