Rigetti's Selloff Reset The Setup

Core Viewpoint - Rigetti Computing (RGTI) has experienced significant stock price volatility, moving from $22 to $56 and then retracing to approximately $23, attributed to a broader risk-off sentiment in high-duration assets rather than any negative developments in the company's roadmap or financial health [1]. Group 1 - Rigetti's stock price increased significantly before experiencing a retracement, indicating potential market volatility and investor sentiment shifts [1]. - The company's financial roadmap and balance sheet remain intact despite the stock price fluctuations, suggesting underlying stability [1]. - The investment strategy focuses on identifying high-potential opportunities with significant upside potential, emphasizing the importance of risk management and long-term compounding [1].