Rocket Lab Shares Fall 9.8% After Neutron Launch Schedule Shift
Rocket Lab shares fell 9.8% in the morning session after the company adjusted the target schedule for the inaugural Neutron launch to 2027.
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04:06:42 PM UTC
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Rocket Lab NASDAQ:RKLB shares fell nearly 12% in Thursday morning trading after the company delayed the first flight of its Neutron rocket until 2027.The setback followed the discovery of small air pockets between carbon-fiber layers in a forward propellant dome used in Neutron's first stage. Rocke…
What Happened? Shares of aerospace and defense company Rocket Lab NASDAQ:RKLBfell 9.8% in the morning session after the company announced an update adjusting the target schedule for the inaugural launch of its Neutron launch vehicle to 2027.In a regulatory filing with the U.S. Securities and Exchan…