Has Rocket Lab's Stock Peaked?
After a stock skyrockets by around 500% in just 12 months, as Rocket Lab (NASDAQ: RKLB) has, it's only natural to wonder if it rose too quickly, and in so doing, has become too overvalued to safely invest in.
The aerospace company has been experiencing tremendous growth in recent years, and investors remain bullish about its potential for even more growth ahead due to its larger new Neutron rocket, which will open up more opportunities for the business in the long run. But with the company's market cap now hovering around $28 billion, has too much expected growth been priced into the stock? Could shares of Rocket Lab be due for a big decline?
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Source Fool.com
