NEW YORK, January 1, 2026, 5:33 PM ET — Market closed.
- Rigetti Computing shares closed down 1.2% on Wednesday at $22.15, with U.S. markets shut Thursday for New Year’s Day. MarketWatch
- The stock has slid about 18% from a late-December peak, underscoring the sector’s sharp swings into year-end. Investing
- Traders head into Friday’s reopening with an eye on early-January U.S. data and the company’s next update cadence. Federal Reserve Bank of New York
Rigetti Computing shares fell 1.2% on Wednesday, the final trading day of 2025, closing at $22.15. The stock was last up about 0.6% in after-hours trading at $22.28, market data showed, as U.S. exchanges stayed closed on Thursday for New Year’s Day. MarketWatch
The move matters because Rigetti has become a bellwether for “pure-play” quantum computing stocks — smaller companies whose main business is quantum hardware and services — where liquidity can be thin and sentiment can flip quickly around year-end. That dynamic can amplify routine flows such as tax positioning and options-related trading. Investing
It also lands as investors reopen risk books for 2026 after Wall Street ended the year’s final session lower in holiday-thin trading, a Reuters report showed. Broader moves in high-growth technology often spill into quantum names, which have traded as a higher-volatility subset of the AI-and-computing theme. Reuters
Rigetti traded between $21.93 and $22.67 in Wednesday’s session on volume of about 23.2 million shares, according to price data. Investing
Peers were mixed-to-lower on the day: IonQ fell 0.9% and D-Wave Quantum slipped 0.4%, according to market data.
There was no fresh company-specific filing in the past two days to explain the move. Rigetti’s most recent SEC submission on EDGAR was a Form 4 dated Dec. 10, the database showed. SEC
Rigetti, based in Berkeley, California, builds superconducting quantum processors and offers access through cloud services, targeting customers in government, research and enterprise. Quantum computers use “qubits” — the basic unit of quantum information — to tackle certain problems that overwhelm classical machines, though many commercial applications remain in early stages. SEC
Investors continue to focus on hardware roadmaps and error-rate progress. In an August SEC filing, CEO Dr. Subodh Kulkarni said, “We intend to continue this momentum with our 100+ qubit system planned for the end of the year.” SEC
The stock’s chart shows how quickly that optimism can be repriced. Rigetti has retreated roughly 18% since Dec. 22, when it closed at $26.88 after touching an intraday high near $27.67, based on historical price data. Investing
Before the next session, traders will gauge whether Friday’s reopening brings fresh liquidity after the holiday shutdown. NYSE’s calendar shows normal trading resumes after the Jan. 1 closure. New York Stock Exchange
Macro releases could also set the tone for speculative tech. A New York Fed calendar lists weekly jobless claims at 8:30 a.m. ET and construction spending at 10:00 a.m. ET on Jan. 2, followed by the ISM manufacturing report on Jan. 5 at 10:00 a.m. ET — data that can sway rates and risk appetite. Federal Reserve Bank of New York
On the company side, the next hard catalyst is timing: Rigetti last filed a 10-Q and an 8-K on Nov. 10, and its most recent annual report (10-K) was filed in early March last year, SEC records show. In the near term, traders are watching support around the $22 area and the Dec. 31 low at $21.93; a break below that level would leave little chart support until the late-December lows. SEC
