Rocket Lab (RKLB.US) plummeted after earnings! Q2 results were mixed, and Q3 profit forecasts fell short of expectations; the Neutron rocket project is facing risks of delays.
According to the Zhitong Finance APP, although Rocket Lab (RKLB.US) reported record revenues and backlogged orders, the Q2 financial report itself was mixed. Additionally, the company's earnings forecast was below expectations and hinted at potential new delays for its Neutron rocket project, leading to the stock's post-results decline. As of the time of writing, Rocket Lab was down more than 6% in after-hours trading on Monday.
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