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-0.000863806507342388 0 0 -0.000287935502447599 -0.000287935502447599 -0.000287935502447599 -0.000287935502447599 -0.000287935502447599
Stock impact report

Why Rocket Lab Stock Is Sinking Today [Yahoo! Finance]

Rocket Lab USA, Inc. (RKLB) 
Company Research Source: Yahoo! Finance
Following the big earnings-driven rally for Rocket Lab yesterday, Cathie Wood's Ark Invest firm has moved to take some profits on the stock. The high-profile investor isn't the only one selling shares after yesterday's huge gains, and the uptick in selling action is pushing the stock lower today. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Ark Invest and its CEO, Cathie Wood , have been among the most vocal champions for Rocket Lab stock, and the confidence paid off with explosive gains for the company's share price yesterday. Rocket Lab stock closed out yesterday's trading up 28% and had been up as much as 53% earlier in the daily session thanks to stronger-than-anticipated Q3 results. Rocket Lab posted a loss of $0.10 per share on sales of $104.8 million in the third quarter, beating the average Wall Street target's call for a per-share loss of $0.11 on sales of roughly $106.4 million. Revenue was up nearly 55% y Show less Read more
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