RKLB is trading at $69.58 (-4.53%) today, extending losses as investors retreat from risk assets amid escalating Middle East tensions.
- The Nasdaq dropped 0.53% after Iran rejected a U.S. ceasefire proposal, sending Brent crude above $100 and stoking global inflation fears.
- The pullback reverses a portion of the prior day's 10% gain as the initial hype surrounding the SpaceX IPO begins to cool.
- There is no company-specific news for Rocket Lab; the price action reflects a broader market shift away from high-growth sectors.