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Rocket Lab Slides 5% as Space Names Give Back Gains; AST SpaceMobile Drops 6%, Planet Labs Sinks 4%

Source: 247wallst.com

Market Technicals & FlowsInfrastructure & Defense
Rocket Lab Slides 5% as Space Names Give Back Gains; AST SpaceMobile Drops 6%, Planet Labs Sinks 4%

Rocket Lab shares fell 5% to $64 in Friday morning trading as space-sector stocks surrendered part of their recent gains. The move appears driven by sector-wide profit-taking rather than a company-specific fundamental development.

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