Rocket Lab stock is down 56% from its yearly high: Is this a buying opportunity?

Invezz 1h ago

Rocket Lab stock is down 56% from its yearly high: Is this a buying opportunity?

Rocket Lab stock has slumped in recent months despite the company hitting several major milestones. Shares peaked at $150 in May before tumbling 56% to the current $65. This pullback could be a good buying opportunity, as a double-bottom pa…