Why Rocket Lab Stock Plummeted 36.1% Last Month But Is Soaring in August

Rocket Lab stock experienced a significant decline of 36.1% last month, despite reporting a revenue growth of 63%. However, the company's shares are now soaring in August. Similarly, Micron stock plummeted 28.7% during July but is currently rebounding in August. Both companies faced sharp monthly drops before seeing a recovery in the current month, highlighting a volatile period for these stocks despite the strong revenue performance reported by Peter Beck's Rocket Lab.