RKLB is trading at $84.98 (-5.62%) as broader market pressures weigh on the stock despite a successful JAXA mission launch on April 23.
- Major indices are retreating, with the S&P 500 down 0.18% and the Nasdaq falling 0.58% following weak tech earnings from ServiceNow and IBM.
- Market sentiment is further impacted by rising oil prices and escalating geopolitical tensions in the Strait of Hormuz.