Rocket Lab USA, Inc. (RKLB) experienced a significant intraday decline, with its stock price plummeting 5.42% during Thursday's trading session.
The drop appears to be part of a broader sector-wide selloff affecting space-related stocks. Multiple companies in the space industry, including AST SpaceMobile, SpaceX, and Intuitive Machines, were reported to be trading lower, indicating widespread negative sentiment across the sector during the session.