Rocket Lab Stock Is Facing Selling Pressure After Hours: What's Going On?

Core Points - Rocket Lab Corp announced an offering of up to $750 million of its common stock, leading to a decline in its shares during extended trading [1] - The company previously entered a similar agreement in March to sell up to $500 million of its common stock, from which it has already offered and sold $396.6 million [2] - As of June 30, Rocket Lab reported approximately $564.08 million in cash and cash equivalents [2] Stock Performance - Following the announcement, Rocket Lab shares fell by 3.50% in after-hours trading, with the stock priced at $52.15 at the time of publication [5]