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Rocket Lab Stock Extends Losing Streak to Eight Sessions

The shares closed at $50.84, down $4.41 Friday. Declines in the two previous sessions were about 8% and 7%.

Eight red metal bars descend beside a small rocket model / TokenPost.ai
Eight red metal bars descend beside a small rocket model / TokenPost.ai

Rocket Lab Corporation (RKLB) shares fell almost 8% Friday, Oct. 16, extending a losing streak to eight trading sessions and ending the day at $50.84.

Shares shed $4.41 during Friday’s session. The two sessions immediately before it brought declines of about 8% and 7%, respectively.

The latest decline follows an earlier 3.7% drop that left shares at $65.71.

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