Rocket Lab (RKLB) investors woke up to a different stock than the one they went to bed with.
On May 20, RKLB closed at a fresh record of $134.28, up 5.47% on the day, capping a run that has more than doubled the shares since December.
By May 21 pre-market, the stock was down roughly 6.6% to around $124, with overnight trading on the Blue Ocean ATS showing prices near $123 to $126.
The trigger was not an earnings miss or a failed launch. It was a piece of paper filed late Wednesday with the Securities and Exchange Commission.
What Rocket Lab’s $3 billion equity filing actually says
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