Why Rocket Lab Stock Plummeted Today

12.06.26 22:57 Uhr

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Rocket Lab (NASDAQ: RKLB) suffered a big sell-off in Friday's trading despite a bullish backdrop for the broader market. The company's share price closed out the day down 10..8%. For comparison, the S&P 500's level rose 0.5% in the session, and the Nasdaq Composite climbed 0.6%. Rocket Lab's valuation moved lower today in conjunction with SpaceX's initial public offering (IPO). While Rocket Lab now trades down roughly 32% from its lifetime high, it's still up 275% over the last year. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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