Rocket Lab shares fell over 12% on July 16 to the lowest level since April 13, dragging the stock down 55% from its 2024 peak. The selloff cut the company’s valuation from $86B to around $40B, erasing nearly half of its market value.
Rocket Lab shares fell over 12% on July 16 to the lowest level since April 13, dragging the stock down 55% from its 2024 peak. The selloff cut the company’s valuation from $86B to around $40B, erasing nearly half of its market value.
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moderately negative
Sentiment Score
-0.60
