Rocket Lab shares slide sharply over the past two weeks
Space company Rocket Lab's share price has fallen from just over US$100 to about US$80 in the past two weeks. The drop coincides with investor caution toward space and technology stocks.
Space company Rocket Lab's share price has fallen from just over US$100 to about US$80 in the past two weeks. According to RNZ, the drop coincides with a period in which investors have grown more cautious about space and technology stocks.
The pullback comes alongside a broader tech sell-off, with investors reassessing high valuations and growth expectations. Rocket Lab is a prominent space-launch company with New Zealand roots that trades in the United States.
Where the stock goes next will depend on the company's launch schedule, contracts and overall market appetite. Investors are watching the sector's volatility closely.
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