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Barchart
Sneha Nahata

Rocket Lab Stock Is Down 30% in the Last Month. Should You Buy the Dip or Run Far Away?

Rocket Lab Neutron

Rocket Lab (RKLB) wrapped up 2024 on a high note, delivering record-breaking revenue and impressive year-over-year growth. The aerospace company, known for its satellite launch services and space systems, reported annual revenue of $436 million, a staggering 78% increase compared to the previous year.

The fourth quarter was robust, with revenue surging 121% year-over-year and 26% sequentially from Q3. Despite these strong numbers, Rocket Lab’s stock has faced significant pressure as investor sentiment remains cautious.

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