Rocket Lab stock falls after delaying Neutron rocket to 2027

Rocket Lab stock is experiencing a significant decline following the announcement that the Neutron rocket launch has been delayed until 2027. Investors are reacting negatively to the updated timeline for the development of the larger orbital launch vehicle. This shift in the production schedule has triggered a sell-off, causing the company's share price to tumble as the market adjusts to the extended wait for the Neutron rocket's operational deployment and its expected capabilities.