Why Rocket Lab Stock Is Moving Higher After Hours
Portfolio Pulse from Adam Eckert
Rocket Lab USA Inc (NASDAQ:RKLB) shares rose in after-hours trading following the announcement of a double-launch deal with NASA. The deal involves launching the climate change research-focused mission, PREFIRE, to low Earth orbit in 2024. This marks the seventh and eighth missions Rocket Lab has launched for NASA since 2018.
August 14, 2023 | 8:47 pm
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Rocket Lab's stock rose after the announcement of a double-launch deal with NASA. This positive news could lead to a short-term increase in the company's stock price.
The announcement of a significant deal with NASA is a positive development for Rocket Lab. This news indicates the company's continued growth and strong relationship with NASA, which could boost investor confidence and lead to a short-term increase in the stock price.
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RELEVANCE 100