RKLB is trading at $78.87 (-4.16%) amid a broader tech selloff and a second recent share sale by Cathie Wood's ARK Invest.

  • ARK Invest sold 50,312 shares worth $4.01 million on April 27, marking the second such sale recently and pressuring the stock.
  • The Nasdaq is down 1.08% on OpenAI growth concerns, amplifying the drop alongside weak tech sentiment.