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Why Rocket Lab shares fell despite record revenue and booming Neutron demand

Why Rocket Lab shares fell despite record revenue and booming Neutron demand

Rocket Lab shares fell over 6% in after-hours trading despite reporting record revenue and a growing order backlog in Q3. The company's wider-than-expected loss, Neutron's delayed maiden launch, and higher development costs contributed to the decline. However, investors were also buoyed by upbeat fourth-quarter revenue guidance.

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