Rocket Lab Just Hit 93 Electron Launches. Is the Neutron Timeline Still the Stock's Biggest Risk?
The stock's proving difficult to value because several factors are in play at once, with one big, disappointing one proving particularly problematic.
Overview
In a market environment that's still buzzing about the recent IPO of Space Exploration Technologies (NASDAQ: SPCX), much smaller space launch company Rocket Lab (NASDAQ: RKLB) quietly continues plodding along. It just launched its so-called Electron rocket for the 93rd time, in fact, although it doesn't seem to be affecting the share price much.
Its stock is still falling from its late-May peak, with investors remaining enamored with SpaceX and unimpressed by Rocket Lab's continued progress. What gives?
Details
Arguably, one factor far more than any other. That's its other rocket, called Neutron.
Source
Originally published at www.fool.com.
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