← All stories
Markets 1 sources

Rocket Lab has more customers than it can handle, so why is the stock falling?

Covered by 1 source · 1 article

Rocket Lab (NASDAQ: RKLB) delivered record revenue and backlog in the second quarter, yet its shares fell after earnings as investors focused on execution. Revenue rose 62% to $234.1 million, while backlog jumped 137% to $2.36 billion. The…

Covered by

All coverage

Rocket Lab has more customers than it can handle, so why is the stock falling?
Invezz 2h ago

Rocket Lab has more customers than it can handle, so why is the stock falling?

Rocket Lab (NASDAQ: RKLB) delivered record revenue and backlog in the second quarter, yet its shares fell after earnings as investors focused on execution. Revenue rose 62% to $234.1 million, while backlog jumped 137% to $2.36 billion. The…