RKLB is trading 11% up now at $139.30 as investors reassess dilution concerns following a recently announced $3 billion at-the-market stock offering.
- Shares initially dropped on May 21 after the equity program disclosure, but the current bounce suggests the market is prioritizing long-term growth prospects and expansion funding over near-term dilution.
- Broader market indices are also trading modestly higher, providing a supportive backdrop for the stock's recovery.