Rocket Lab shares dipped despite record $3.57 billion backlog, MarketWatch reports

Rocket Lab posted $268 million in sales, beating analysts’ $257 million forecast, while its backlog rose 52% from the prior quarter to $3.57 billion, MarketWatch reports. The outlet also reported a steeper-than-expected loss. Shares fell in Tuesday premarket trading following the third-quarter results, according to Barron’s.