Why Rocket Lab Stock Skyrocketed This Week

By Yahoo! Finance   |   1 week ago
Why Rocket Lab Stock Skyrocketed This Week

Rocket Lab (NASDAQ: RKLB) stock surged 17.8% this week, driven by positive market conditions, new rocket launches, and a contract win with the European Space Agency. With a market cap of $16.3 billion, the company is scaling rapidly despite its growth-dependent valuation.

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