Why Rocket Lab Stock Plummeted 13.7% Last Month But Is Rising in March
Source: Motley Fool
2026-03-06 07:06:34 ET
Rocket Lab (NASDAQ: RKLB) stock fell 13.7% in February's trading amid valuation pressures impacting the broader market. The S&P 500 's level declined 0.9% in the month, and the Nasdaq Composite 's level fell by 3.4%.
Rocket Lab's valuation got a double-digit haircut last month as investors broadly reduced exposure to growth-dependent tech stocks in response to pricing concerns and reacted to new macroeconomic data and developments. The company's fourth-quarter report at the end of the month also drove a sell-off for the stock.
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Rocket Lab USA Inc.
NASDAQ: RKLB
RKLB Trading
-2.82% G/L:
$69.98 Last:
9,308,752 Volume:
$69.39 Open:
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RKLB Stock Data
$38,475,280,666
470,591,729
0.12%
23
N/A
Aerospace & Defense
Industrials
US
Long Beach
