Rocket Lab (NASDAQ:RKLB) falls on Nasdaq-100 inclusion, SpaceX slide and share sale concerns
Rocket Lab (NASDAQ:RKLB) dropped 7.2% to $99.49 on its first day in the Nasdaq-100, as index-driven buying was offset by a $3 billion at-the-market stock sale program and a broader space-sector selloff, despite strong revenue growth and a $2.2 billion backlog.