Space Sector Falls in Night Session, ASTS Down Nearly 9%, RKLB Drops 6%
Space stocks faced broad selling pressure during the night session, with the sector showing widespread declines. As of press time, ASTS.US traded at $62.55 in night trading, down 9.18% from the previous close; RKLB.US fell 5.92% to $68.27; DXYZ.US dropped 5.95% to $32.38. VCX.US bucked the trend with a slight 0.45% gain to $44.82, standing as one of the few gainers in the sector.
Among other major names, NASA.US traded at $23.73 in the night session, down 4.68%; UFO.US fell 1.29% to $45.25; RDW.US dropped 5.48% to $11.39. Derivative names including ASTX.US, RKLX.US, and RKLZ.US followed the broader decline, with losses generally ranging between 3-6%. SPCX.US, the sector ETF, edged down 0.06% to $135.08, indicating sector volatility exceeded the index movement.
Trading volume remained relatively thin during the night session, but selling pressure was evident. ASTS recorded approximately $91.68 million in night trading turnover, while RKLB saw about $44.85 million, suggesting active capital outflow persisted in after-hours trading. The sector faces near-term technical pressure, with investors advised to monitor capital flow direction at tomorrow's open.
