Why Rocket Lab (RKLB) Shares Are Sliding Today
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) fell 4.6% in the morning session after investment firm Craig-Hallum initiated coverage with a “Hold” rating. The investment firm, Craig-Hallum, assigned the aerospace company a “Hold” rating and a $51 price target. While the firm acknowledged Rocket Lab’s growth potential, particularly with its upcoming Neutron rocket,…
