The recent market rotation toward smaller companies has lifted many boats, but Rocket Lab USA's (RKLB 3.44%) performance stands out even in this environment. The space company's shares have rocketed 320% higher this year at the time of this writing, including a stunning 107% surge in the past 30 days alone.
In this video, I will be talking about Rocket Lab (RKLB 3.44%) and the recent surge in its stock price. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Rocket Lab shares jump to an intraday record high after the satellite company said it successfully launched its 56th Electron missile. Bloomberg's Bruce Einhorn joins Caroline Hyde to discuss on "Bloomberg Technology.
Shares of SpaceX competitor Rocket Lab USA (RKLB) climbed to a record high Monday as the space satellite services provider announced two successful launches and finalized a multimillion-dollar grant from the government.
Rocket Lab (RKLB 3.52%) stock jumped 3.5% through 9:45 a.m. ET Monday after announcing its latest first: For the first time ever, the company launched two rockets, from two separate launch pads in two different hemispheres, within a 24-hour period.
Space-launch company Rocket Lab successfully completed the two launches in different hemispheres.
Crystal balls are said to be useful items -- but very hard to come by for investors. For better or worse, investors in Rocket Lab (RKLB 3.79%) stock have something very close to a crystal ball: hard numbers, laid out by management and by Wall Street analysts, telling them where Rocket Lab stock will be in three years.
Why Rocket Lab Stock Rocketed Again on Friday
Rocket Lab's shares have surged 375% over the past year. Optimism about Neutron and strong Q3 2024 earnings have led the way. While the valuation is lofty, there is more potential upside here.
Coming into Friday trading, shares of space startup Rocket Lab were up 53% since its Nov. 12 third quarter earnings report, 90% since the Nov. 5 election, and 305% year to date.
From a technical perspective, Rocket Lab USA, Inc. (RKLB) is looking like an interesting pick, as it just reached a key level of support. RKLB recently overtook the 50-day moving average, and this suggests a short-term bullish trend.
Shares of Rocket Lab USA are entering a new stratosphere.