Cathie Wood Keeps Buying Rocket Lab Stock as It Trades at Less Than Half Its Record

Cathie Wood, the founder of ARK Invest, continues to buy shares of Rocket Lab, a space company that specializes in small satellite launches. Wood believes that there will be a shortage of launch services later this decade, which could drive up demand for Rocket Lab's services. Rocket Lab's stock price has fallen significantly since its peak, but Wood remains optimistic about the company's prospects.