
Rocket Lab USA Inc. (NASDAQ: RKLB), a mid-cap name in the aerospace and defense sector, surged to new heights in 2024, gaining widespread popularity among growth investors. But like much of the broader market in 2025, it has faced a volatile start to the year. Shares are down nearly 23% year-to-date and over 40% below their 52-week highs. However, there’s more to the story than just a price drop.
Despite the recent selloff, Rocket Lab has shown surprising resilience. While many major tech giants, including the Magnificent Seven, have broken below their 200-day simple moving averages (SMA), RKLB continues to hover above this critical technical level, signaling potential strength beneath the surface.