$RKLB Rocket Lab stock drops after first satellite launch failure in more than two years

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Rocket Lab stock fell after the company suffered its first launch failure in more than two years in the early hours of Tuesday morning.
Its uncrewed 41st Electron rocket launch failed about two minutes and 30 seconds after lifting off from New Zealand.
The rocket was carrying the Acadia 2 satellite for San Francisco-based Capella Space.

Shares of Rocket Lab fell about 7.5% in trading to close at $4.66 a share. The stock is up nearly 24% for the year.

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