Rocket Lab stock price drops 5% as space stocks slide; hypersonic test and Feb. 26 earnings loom
Rocket Lab shares closed down 5.2% at $66.01 Thursday, extending an 8% three-day slide as space stocks fell after AST SpaceMobile’s $1 billion debt deal. The company flagged a late-February hypersonic test for the U.S. Defense Innovation Unit and will report results Feb. 26, with investors awaiting updates on its Neutron rocket schedule.