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Benzinga
Benzinga
Business
Chandrima Sanyal

Rocket Lab Trimmed From Cathie Wood's Space ETF: Strategy Or Signal?

Rocket Lab Cathie Wood ARK ETF ARKX Ark Invest Nasdaq Rocket Lab USA Inc. Nvidia L3Harris
Rocket,Lab,Building,Sign.,Auckland,,New,Zealand,-,February,8,

Cathie Wood’s ARK Invest has become known for making big bets on the future through its ETFs—robotaxis, artificial intelligence, genomics, and, most notably, outer space. But this week, one of its most feted space bets, Rocket Lab USA Inc (NASDAQ:RKLB) was discreetly trimmed from the ARK Space Exploration & Innovation ETF (BATS:ARKX), making news in the investing community.

Rocket Lab is up around 800% in the past year. Track it now here.

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