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Cathie Wood’s Ark Invest bought 160,890 Rocket Lab shares for its flagship ARK Innovation ETF worth about $12.7 million at current levels.
Shares of Rocket Lab (RKLB) gained over 1% overnight heading into Friday as Cathie Wood’s ARK Investment Management highlighted Neutron’s planned payload capacity and satellite operators’ urgent need for launch access.RKLB stock’s rebound followed a 5% drop to $68.4 in Thursday’s regular session. S…