Defiance Daily Target 2X Long RGTI ETF is trading at $22.47 (-16.16%) as quantum computing stocks experience profit-taking following a recent rally. - Rigetti Computing (RGTI), the underlying asset, is seeing declines due to investor uncertainty surrounding the details of potential government funding for quantum technology. - This comes amidst broader market trends, with the Nasdaq falling 1.15-1.2% on June 16 signaling a rotation out of growth stocks, and mixed risk appetite ahead of today's Retail Sales data and FOMC statement.