RKLB is trading at $81.25 (4.9% down) as space sector sentiment cools following the fading of SpaceX IPO hype.
- The stock has extended a week-long slide of more than 20%, retreating from recent levels above $100.
- The move is largely attributed to a broader pullback in high-flying space stocks with no new company-specific negative catalysts identified.
- Market participants are seeing a cooling of sector-wide enthusiasm after a period of sharp gains.