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Rocket Lab Stock Cools After Rally. Traders Eye Next Steps.
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Rocket Lab Stock Cools After Rally. Traders Eye Next Steps.
Rocket Lab fell 3.1% to $143.48 Friday after Blue Origin’s rocket test explosion rattled space stocks. Despite the drop, shares are up from $135.76 last week. The company closed a buyout of Motiv Space Systems, landed a $90 million U.S. Space Force contract, and reported Q1 revenue up 63.5% to $200.3 million with $2.2 billion backlog. Risks include a $3 billion at-the-market equity program and delays on its Neutron rocket. The post Rocket Lab St…
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