Rocket Lab stock slips as Nasdaq-100 entry nears and SpaceX fever cools
Rocket Lab Corporation shares slipped on Thursday after a volatile, heavy-volume session, as investors weighed its looming Nasdaq-100 entry against fresh pressure from SpaceX’s post-IPO retreat. The stock finished at $107.24, down 0.7%, after trading between $101.12 and $110.98. The timing matters. Thursday was the last regular U.S. equity session before the Juneteenth market holiday, and Rocket Lab is scheduled to join the Nasdaq-100 before trading opens Monday. The Nasdaq-100 is the index of the largest non-financial companies listed on Nasdaq; index inclusion can force funds that track it to buy a stock, though that buying says little by itself about the company’s earnings power.