Rocket Lab's stock on pace for 9-month low as launch postponement hits revenue
Rocket Lab USA(RKLB) Market Watch·2024-02-01 15:49
Shares of Rocket Lab USA Inc. are down 18.3% Thursday, weighed down by the space company’s preliminary fourth-quarter results, putting the stock on pace for its lowest close in nine months.The stock is trading around $3.97, which would be the company’s lowest close since May 9, 2023, when it closed at $3.94, according to Dow Jones Market Data. The decline would also mark Rocket Lab’s RKLB, -18.58% largest percentage decrease since the 17.6% decline on Sept. 13, 2021, and is the company’s largest decline sin ...