Shares of Rocket Lab Corporation (NASDAQ: RKLB), one of the fastest-growing names in the aerospace and defense space, have come under pressure recently. The stock is down nearly 10% for the month and more than 20% from its record-setting highs reached in January.
As of the market close on Monday, Feb. 9, shares were off almost 24% from their peak, technically placing the stock in bear market territory.
