Rocket Lab Tumbles 12% — Time to Buy the Dip?

Rocket Lab Tumbles 12% — Time to Buy the Dip?

Key Points Rocket Lab‘s (RKLB) stock soared 600% in the past year, positioning it as a serious SpaceX competitor with its Electron rocket and new Neutron launchpad. Yesterday’s 12% drop followed the stock jumping after it completed its Neutron launchpad, likely reflecting valuation concerns despite strong growth prospects. With a $1 billion backlog and new contracts, investors must weigh if this dip makes RKLB a buy or signals further caution…