Rocket Lab Has Corrected Nearly 50%. Is It Still Too Expensive?

The stock has broken down sharply after peaking near $151 in May, collapsing toward the mid-$60s—a decline of more than 50% from its 52-week high and effectively wiping out not only the year’s gains but more.

Analysis

The stock has broken down sharply after peaking near $151 in May, collapsing toward the mid-$60s—a decline of more than 50% from its 52-week high and effectively wiping out not only the year’s gains but more.