Rocket Lab makes ‘bold’ satellite move, but shares slide on weak outlook

Rocket Lab USA Inc. shares fell more than 14% in extended trading Thursday after the space-launch company topped Wall Street’s fourth-quarter revenue estimates but gave a weaker-than-expected first-quarter outlook.

Feb 28, 2025 - 00:43
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Rocket Lab makes ‘bold’ satellite move, but shares slide on weak outlook
Rocket Lab USA Inc. shares fell more than 14% in extended trading Thursday after the space-launch company topped Wall Street’s fourth-quarter revenue estimates but gave a weaker-than-expected first-quarter outlook.