Rocket Lab surpassed $100 million in quarterly revenue for the first time, a 71% increase from the same quarter of last year. This is just one of several shiny accomplishments executives showed off to investors on Thursday — and a good omen for the space company's medium-term ambitious plans.
Rocket Lab USA Inc. shares rallied more than 7% in the extended session Thursday after the launching-services company narrowed its quarterly loss and hailed a 71% jump in revenue.
Rocket Lab USA, Inc. (RKLB) closed the most recent trading day at $5.40, moving +1.12% from the previous trading session.
In the latest trading session, Rocket Lab USA, Inc. (RKLB) closed at $5.72, marking a +1.24% move from the previous day.
Rocket Lab USA, Inc. RKLB is rocketing to new heights, catching the eyes of investors with its bullish technical signals. This space company, known for its launch services and space systems solutions, is now seeing its stock making a Golden Cross – a key indicator suggesting more bullish movement ahead.
Deutsche Bank rated Rocket Lab stock a buy on Sunday, calling it one of the best industrial stocks to own over the next year. Rocket Lab's book of business is growing, but it is not yet profitable.
Rocket Lab recently hit 50 Electron rocket launches, a huge milestone for the business. It is prepping its new larger rocket called the Neutron.
Rocket Lab reached a milestone, launching its 50th Electron rocket. The aerospace company is now working on a larger Neutron rocket.
Rocket Lab's Electron hit 50 launches -- the fastest in history. It is working on a larger Neutron rocket.
Rocket Lab has a lot of opportunities in the space economy. It competes with a $200 billion behemoth, SpaceX.
Rocket Lab completed its 50th commercial launch and is set to receive federal funding thanks to the CHIPS Act. Cathie Wood has been adding to her position in Rocket Lab over the last couple of months across her ETFs.
Rocket Lab USA, Inc. (RKLB) concluded the recent trading session at $4.74, signifying a -1.86% move from its prior day's close.