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Rocket Lab Stock Soars
Rocket Lab stock surges almost 30% to near all-time high after company's Q3 results
Rocket Lab announced its first customer for its coming Neutron vehicle. The space infrastructure company reported third-quarter revenue increased to $104.8 million, up 55% from $67.6 million for the same period a year ago.
Why Rocket Lab Stock Rocketed More Than 40% Wednesday Morning
Rocket Lab stock is on a roll as launch revenue rolls in and a new Neutron rocket promises to grow revenue even more. Rocket Lab ( RKLB 43.99%) stock lived up to its name this morning as shares were up 44% at 10:45 a.m. ET after an encouraging earnings report Tuesday evening.
Why Rocket Lab Stock Is Sinking Today
Rocket
Lab
stock closed out yesterday's trading up 28% and had been up as much as 53% earlier in the daily session thanks to stronger-than-anticipated
Q3
results.
Rocket
Lab
posted a loss of $0.10 per share on sales of $104.8 million in the third quarter ...
Yahoo
2d
Rocket Lab (NASDAQ:RKLB) Surprises With Q3 Sales, Stock Jumps 16%
Aerospace and defense company
Rocket
Lab
(NASDAQ:RKLB) reported
Q3
CY2024 results exceeding the market’s revenue ...
1d
Rocket Lab price target raised to $25 from $7 at Roth MKM
Roth MKM analyst Suji Desilva raised the firm’s price target on Rocket Lab (RKLB) to $25 from $7 and keeps a Buy rating on the shares.
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