
Rocket Lab Stock Is Facing Selling Pressure After Hours: What's Going On?

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Rocket Lab Corp (RKLB) shares are experiencing a decline in after-hours trading following the announcement of a $750 million common stock offering. The company has entered a sales agreement with multiple agents to facilitate this offering, terminating a previous agreement that allowed for a $500 million sale. As of June 30, Rocket Lab reported approximately $564.08 million in cash and equivalents. RKLB shares fell 3.50% to $52.15 in after-hours trading.
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