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Stock impact report

Here's Why Rocket Lab Corporation (RKLB) Fell More Than Broader Market [Yahoo! Finance]

Rocket Lab USA, Inc. (RKLB) 
Company Research Source: Yahoo! Finance
This move lagged the S&P 500's daily loss of 0.19%. Meanwhile, the Dow experienced a drop of 0.8%, and the technology-dominated Nasdaq saw a decrease of 0.1%. Prior to today's trading, shares of the company had gained 58.64% outpaced the Aerospace sector's gain of 9.42% and the S&P 500's gain of 2.26%. Market participants will be closely following the financial results of Rocket Lab Corporation in its upcoming release. It is anticipated that the company will report an EPS of -$0.05, marking a 50% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $178.38 million, up 34.74% from the year-ago period. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.2 per share and revenue of $600.52 million. These totals would mark changes of +47.37% and 0%, respectively, from last year. Investors should also take note of any recent adjustments to analyst esti Show less Read more
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