Why Rocket Lab Stock Slipped Today
Shares of tiny rocket-maker Rocket Lab (NASDAQ: RKLB) took a tiny tumble Tuesday morning, sliding 2.7% through 10:55 a.m. ET on what might have been good news for the company.
Last night, NASA announced 15 space companies that will provide it with payload integration services aboard "suborbital rockets, high-altitude balloons, orbital spacecraft and satellites, and, in some instances, suborbital rockets that can accommodate carry people." Rocket Lab was one of the recipients...but only one of many.
Among the other winners were many names you'll certainly recognize if you're a space investor:
Source Fool.com
