This summer, Rocket Lab (NASDAQ: RKLB) has been a difficult stock to own. After peaking at $151 in May, the shares were swept up in the brutal rotation that followed the SpaceX (NASDAQ: SPCX) IPO, giving back more than half their value as investors fled the space sector.
But that wave of selling now appears to be losing its force. With Q2 earnings behind the company, a fresh batch of contract wins rolling in, and the post-IPO panic easing, the question worth asking is whether the coast is finally clearing.
