Rocket Lab stock update
The gist
Rocket Lab closed at $68.40 on Oct 8, down 8.87% from $75.06.
The drop tests a bull case built on an $8 billion Iridium deal.
How it unfolded
- Jun 30, 2026Rocket Lab held $2.1 billion in cash and $258 million in marketable securities.
- Aug 31, 2026 -Sep 1, 2026ARK Invest bought 705,102 Rocket Lab shares.
- Sep 22, 2026ARK Invest bought another 359,612 Rocket Lab shares.