Rocket Lab stock tumbles after record run — here’s what investors are watching
Rocket Lab shares dropped 8.5% Friday to $70.65, reversing part of a December rally that pushed the stock to a record $79.83 on Dec. 24. The pullback followed news of an $816 million U.S. Space Force satellite contract. Investors are watching for updates on contract execution and the next earnings report, expected Feb. 26.