Rigetti Computing Is Plummeting Today -- Is the Quantum Computing Stock a Buy Right Now?

Rigetti Computing (NASDAQ: RGTI) stock is seeing a precipitous sell-off in Tuesday's trading. The company's share price was down 8.7% as of 2:45 p.m. ET amid a 0.7% pullback for the S&P 500 (SNPINDEX: ^GSPC) and a 1.5% decline for the Nasdaq Composite (NASDAQINDEX: ^IXIC). The stock had been down as much as 9.6% earlier in the day.While Rigetti Computing doesn't have any direct connection to the home-improvement retail space, its stock is getting hit with selling pressures today in response to recent comments from Home Depot's management. The retail giant said today that it will be raising prices on some items in its store in response to tariff-related costs, and investors are taking the news as a worrying inflation indicator. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool