Why Rocket Lab Stock Is Losing Altitude Today
This space company has its vision set on the stars, but its stock is heading back to Earth today.
Overview
Rocket Lab (NASDAQ: RKLB) may excel at soaring into the final frontier, but gravity is weighing pretty heavily on shares today. An analyst initiated coverage on the launch services stock with an unenthusiastic outlook, and investors are choosing to click the sell button as a result.
As of 2:14 p.m. ET, shares of Rocket Lab are down 12.1%.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.