Why Rocket Lab Stock Crashed by More Than 12% Today

After five straight days of dramatic share price gains, Rocket Lab USA (NASDAQ: RKLB) looks poised to end its winning streak on Friday. As of 11:30 a.m. EDT, shares of the small rocket launching company and recent SPAC IPO had tumbled by 12.7%.

And no, there's no big news to explain the plunge.

Image source: Getty Images.

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Source Fool.com