Rocket Lab falls after Neutron launch delayed to 2027
15/10/2026 11:43
BUZZ-Rocket Lab falls after Neutron launch delayed to 2027 **Space firm Rocket Lab RKLB.O shares drop 9.89% to $53.34 premarket
** Co pushes its first Neutron rocket launch to 2027
** Launch delayed due to defects, or voids, in the carbon-composite layers of the rocket's propellant dome
** Launch was initially expected to occur in the fourth quarter of 2026
** TD Cowen says RKLB's first Neutron launch could slip to Q2 2027 or later, with management yet to provide a more detailed time line
** 20 of 24 brokerages rate the stock "buy" or higher and 4 "hold"; median PT $105 — data compiled by LSEG
** As of last close, RKLB down a little over 15% YTD
(Reporting by Jayasree Prabhu)