Why Rocket Lab Stock Popped, Then Dropped Today was originally published by The Motley Fool When things seem too good to be true on Wall Street, they usually are. The Oracle of Omaha has shed more than 615 million shares of Apple over the last year, and recently took a notable stake in one of America's most well-known consumer-facing businesses.

Rocket Lab announced its first customer for its coming Neutron vehicle. The space infrastructure company reported third-quarter revenue increased to $104.8 million, up 55% from $67.6 million for the same period a year ago.

Rocket Lab stock price has gone parabolic, rising in the last five consecutive weeks, and reaching its highest level since November 2021. The RKLB share price has jumped by 320% from its lowest level this year,