Why Rocket Lab stock reversed from a massive pre-market rally to 8% decline
Core Viewpoint - Rocket Lab's stock (NASDAQ: RKLB) experienced an 8% decline on Monday despite the successful completion of the RAISE-4 mission for Japan's space agency JAXA, indicating a counterintuitive market reaction to the company's achievement [1] Group 1 - The stock drop occurred following a successful mission, which typically would be expected to boost investor confidence [1] - Analysts are interpreting the stock's decline as a pullback that contrasts with the positive news of the mission [1]