Bleecker Street report brings Rocket Lab share price down and sparks litigation interest

Bleecker Street report brings Rocket Lab share price down and sparks litigation interest
A report from Bleecker Street Research says the large number of NZers associated with Rocket Lab could affect the company's future prospects. (Image: Supplied)
Dileepa Fonseka
A US law firm is searching for shareholders affected by a nearly 10% Rocket Lab share price drop that accompanied the release of a highly critical research report into the company.The share price of the NASDAQ-listed Rocket Lab fell 9.83% to US$20.28 (NZ$35.50) by the time US markets closed mid-morning on Wednesday.US law firm Block & Leviton called on Wednesday for Rocket Lab shareholders affected by the share price drop to come forward.“Block & Leviton is investigating whether the Company committed securities law violations and...

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