Rocket Lab Announces $3 Billion At-the-Market Equity Program
Rocket Lab (RKLB) announced a $3 billion 'at-the-market' equity distribution program, triggering investor concerns and causing the stock to drop nearly 7% in pre-market trading. The move allows Rocket Lab to sell shares gradually at its discretion but has raised fears of dilution risk.
Tickers: $RKLB
Topics: at-the-market offering dilution risk stock price movement