Rocket Lab Corporation (RKLB) ended the recent trading session at $48.69, demonstrating a -7.98% change from the preceding day’s closing price. The stock’s performance was behind the S&P 500’s daily loss of 0.29%. At the same time, the Dow lost 0.37%, and the tech-heavy Nasdaq lost 0.34%. Coming into today, shares of the company had…
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,…