RKLB is trading 5% down at $140.59 as profit-taking hits the stock following a sharp multi-day rally and a sector-wide pullback in space names.
- The stock recently surged from $127.31 on May 19 to $148.03 on May 28, leaving it vulnerable to a correction as the broader group sells off.
- The move appears driven by sector-wide weakness rather than company-specific news, especially as major indices continue to trade modestly higher.