Rocket Lab Corp (NASDAQ:RKLB) stock is trading lower Wednesday, despite a lack of company-specific news for the session. The decline follows a multi-day surge that was fueled by a series of positive announcements from the company.
What To Know: Last week, Rocket Lab successfully completed its 70th Electron mission, a notable achievement in its launch cadence. The company also announced it would receive a $23.9 million award under the CHIPS and Science Act to expand its semiconductor manufacturing capacity for space-grade components, bolstering U.S. supply chains.
