🔴 Rocket Lab USA is trading 4.3% down today after protesting NASA’s $700 million Blue Origin award

Rocket Lab USA is trading 4.3% down now at $61.86 after formally protesting NASA’s decision to award Blue Origin a $700 million Mars communications contract.

• Rocket Lab alleges NASA applied congressional eligibility rules inconsistently and conducted a punitive technical review.
• The GAO filing may temporarily halt contract work.
• Broader industrial-sector weakness and rate-hike concerns are adding pressure.