Rocket Lab Shares Rise Over 8% To $139.76 On Deal Optimism
RKLB•RKLB•RKLB•RKLB•Rocket Lab shares jumped over 8% to a 52-week high of $139.76 in the last session, extending gains overnight by more than 4.5%. Investor optimism around recently announced service agreements and growing space-sector enthusiasm ahead of SpaceX’s impending public market debut drove the rally.
Rocket Lab stock surged to a fresh 52-week high of $139.76 in the last trading session, reflecting an impressive gain of over 8% on the day and an additional 4.5% rise in overnight trading.
The share price jump was propelled by announcements of recently secured launch service agreements, which have bolstered confidence in Rocket Lab’s revenue pipeline and future growth prospects.
Broader enthusiasm for space-industry stocks ahead of SpaceX’s highly anticipated public market debut added momentum, as investors rotated into names poised to benefit from increased launch demand.
