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Why Rocket Lab shares fell despite record revenue and booming Neutron demand

viaeconomictimes.indiatimes.com3h ago
Why Rocket Lab shares fell despite record revenue and booming Neutron demand
Rocket Lab shares fell over 6% in after-hours trading after the company reported a wider-than-expected Q3 loss despite record revenue and a growing order backlog. Investors also weighed Neutron’s delayed maiden launch, higher development costs and upbeat fourth-quarter revenue guidance.

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