RCKT.AX is trading at A$10.30, down 3.2%, as escalating U.S.–Iran tensions around the Strait of Hormuz increase geopolitical risk and drive investors out of high-beta sectors.
- The move extends a multi-day slide in space and high-growth names as weakening risk appetite weighs on volatile assets.
- The ETF is tracking a broader market rotation from speculative growth themes into safer assets rather than reacting to stock-specific news.