Rocket Lab USA Inc. is trading 4.5% down at $108.52 as investors lock in gains following a massive 80% surge over the last 30 days.
- The recent rally was fueled by record Q1 revenue, significant backlog growth, and major contract wins, leading to high-beta volatility as growth stocks consolidate.
- Today's pullback follows a 3.2% gain in the previous session, even as broader sector sentiment remains generally supportive.