Rocket Lab falls 3.9% AH on $750 mn equity offering plan
RKLB slipped nearly 4% AH after launching a $750 million at-the-market equity program with BofA, Cantor & KeyBanc. Proceeds will fund growth, acquisitions, and partly its $150 million Mynaric deal. While the move raises dilution concerns, retail sentiment stayed bullish, with traders framing it as "growth capital, not debt cover." Stock has more than doubled YTD on strong launch backlog optimism.