Down More Than 50% From Its High, Is Rigetti Computing Stock a Good Buy Right Now?

When there's a pullback in price for a top-performing stock, it can potentially make for a lucrative buying opportunity. In other cases, however, it can simply be overdue for a stock that's become significantly overvalued.It may be tough to see which category Rigetti Computing (NASDAQ: RGTI) falls into today. The potential for quantum computing to revolutionize tech is encouraging, and Rigetti is a promising company in the industry, but it also comes with risks and mounting losses.Investors have recently been dumping the tech stock. Last week, it finished trading at less than $26 -- that's a 55% decline from its 52-week high of $58.15. Is this a great time to buy shares of Rigetti, or could this be the beginning of a much larger decline?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool