Rocket Lab USA Falls After Launch Failure Of Its 41st Mission

On:

Shares of Rocket Lab USA, Inc. (RKLB) are falling more than 7% Tuesday morning after the company announced a launch failure of its 41st mission.

Around 2 minutes 30 seconds after launch, an issue was experienced, due to which the mission was ended.

Rocket Lab said its next mission, which was scheduled for the third quarter, will be postponed. The company is also expected to provide its revised revenue guidance for the third quarter in the coming days.

RKLB, currently at $4.68, has traded in the range of $3.48 – $8.05 in the last 1 year.

Source: Read Full Article

Lates News:
  1. Fed Fears Roil Market Sentiment
  2. Bitcoin ($BTC) Price Hitting $1 Million Easier Than Expected If US Approves Spot ETF, Analyst Reveals
  3. Analyst Views on Future U.S. SEC Spot Bitcoin ETF Approval and its Impact on Bitcoin Price
  4. Bitcoin ($BTC) Price Could Be in “Early Stages” of a Short Squeeze, Says Popular on-Chain Analyst Willy Woo
  5. SEC’s Approval Of Spot Bitcoin ETFs Won’t Be A Game-Changer For Crypto Industry, JPMorgan Strategists Opine