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-8.64300677859585E-05 -0.00287688654201532 -8.64300677858122E-05 -0.00194261866642522 -0.00420214758139861 -0.00584843458684367 -0.00584843458684367 -0.00584843458684367
Stock impact report

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

Rocket Lab USA, Inc. (RKLB) 
Company Research Source: Yahoo! Finance
Meanwhile, the S&P 500 index was up 0.1%, and the Nasdaq Composite index was up 0.8%. Rocket Lab is losing ground in today's trading following recent filings with the Securities and Exchange Commission (SEC) showing that company insiders had recently sold stock. Even with today's pullback, the stock is still up more than 340% across 2024's trading. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » On Nov. 27, Rocket Lab submitted a series of filings to the SEC detailing stock sales by four company insiders. Chief Operating Officer Frank Klein sold 35,968 shares on Nov. 25. The same day, CFO Adam Spice sold 62,511 shares, and general counsel Arjun Kampani sold 28,562 shares. The following day, board director Merline Saintil sold 50,000 shares. The latest round of stock sales follows selling moves made by other company insiders on the heels of explosive growth for the company's valuation. Rocket Lab has soared acros Show less Read more
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