Cathie Wood buys $31.6M of Rocket Lab stock: is she betting the selloff went too far?

Rocket Lab (RKLB) is facing near-term headwinds as Neutron’s inaugural launch window narrows and NASA awarded a major Mars communications contract to Blue Origin. Despite the pressure on the stock, Cathie Wood’s ARK Investment Management is buying shares, partially offsetting the negative narrative. Overall, the news flow is likely to keep investors cautious and could move RKLB in the low-single-digit range as expectations shift around Neutron milestones.