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Down Nearly 65% From Its 52-Week High, Has Rocket Lab Stock Become a Bargain Buy?

The Motley Fool·
Down Nearly 65% From Its 52-Week High, Has Rocket Lab Stock Become a Bargain Buy?

Rocket Lab's stock has plummeted 64% from its $151 peak to $54 following the SpaceX IPO, but the company continues posting record growth with 62% year-over-year revenue increases. Despite remaining unprofitable, the upcoming launch of its larger Neutron rocket could serve as a significant catalyst for investors willing to tolerate volatility.

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