Rocket Lab Shares Fall More Than 25% After Neutron Delay
Rocket Lab shares fell more than 25% last week after another delay to its Neutron rocket. Separately, Ligado Networks challenged the competitive benefits of AST SpaceMobile's proposed $8 billion acquisition of Iridium Communications.
Rocket Lab (RKLB) shares fell more than 25% last week after another delay to its Neutron rocket weighed on the stock. Separately, AST SpaceMobile spectrum partner Ligado Networks disputed the competitive advantages of AST SpaceMobile’s proposed 8 billion acquisition of Iridium Communications. The source section ends before giving Rocket Lab’s Friday closing price.