Rocket Lab Stock Plunges On Big Success. (Shrug.)

Core Insights - The phenomenon of stock prices dropping despite seemingly positive news can be attributed to the adage "buy the rumor, sell the news" [1] Group 1 - The market often reacts to rumors and anticipatory news, leading to price increases prior to official announcements [1] - Once the actual news is released, investors may sell off their shares to realize profits, resulting in a price drop [1] - This behavior highlights the importance of market psychology in investment decisions [1]