RKLB is trading 4.2% down at $127.05 on profit-taking following a sharp multi-day rally and a broader tech sector selloff.
- Shares recently reached a new 52-week high of $133.18 following news of a high-profile missile defense partnership with RTX for the Golden Dome contract.
- The decline appears to be a technical pullback driven by a risk-off market mood rather than a reversal of recent positive developments or company-specific news.