Why Rocket Lab Stock Sank 8% Today
Rocket Lab (NASDAQ: RKLB) stock stumbled 8.2% through 11:30 a.m. ET Wednesday, giving back some of its mammoth 30% gain from Tuesday, a gain arising from investor enthusiasm over newly inaugurated President Trump's own excitement about using U.S. companies to send astronauts to Mars.
But why are investors selling Rocket Lab today? The answer may lie in an interview that Rocket Lab CEO Sir Peter Beck did on the Leading Indicator podcast last night.
SPB caught up with Leading Indicator to talk through the big year ahead for Rocket Lab and the exciting future in store for the space industry as a whole.
Check out the full podcast: https://t.co/7zayprmjqs https://t.co/onIRXRpoAX
Source Fool.com
