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Why Rocket Lab Stock Just Crashed

TheMotleyFool

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Why Rocket Lab Stock Just Crashed: https://g.foolcdn.com/editorial/images/833786/rocketship-formed-of-rolled-100-bills.jpg

Rocket Lab (NASDAQ: RKLB) stock hit an all-time high last night, closing above $54 a share -- and you know what that means.

It's time to sell.

At least, that's what Rocket Lab seems to think. In an SEC filing last night, the maker of small Electron rockets and developer of the new Neutron medium-lift rocket announced plans to raise up to $750 million in new cash through stock sales.

Source Fool.com

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