Workflow
Rocket Lab Stock Is Facing Selling Pressure After Hours: What's Going On?
Rocket Lab USARocket Lab USA(US:RKLB) Benzinga·2025-09-16 05:14

Rocket Lab Corp RKLB shares are falling in extended trading on Monday after the company announced an offering of up to 750millionofitscommonstock.SeethetradingsetupforRKLBstockhere.WhatHappened:RocketLabannounceditenteredintoasalesagreementwithmultiplesalesagents,underwhichtheend−to−endspacecompanymayofferandsellupto750 million of its common stock.See the trading setup for RKLB stock here.What Happened: Rocket Lab announced it entered into a sales agreement with multiple sales agents, under which the end-to-end space company may offer and sell up to 750 million of its common stock from time to time.Rocket Lab entered into a similar agreement in March, allowing the company to sell up to $500 million o ...