LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (“Rocket Lab”, “we”, “us” or “our”) (Nasdaq: RKLB), a global leader in launch services and space systems, announced today the pricing of its previously announced private offering of $300.0 million aggregate principal amount of 4.250% convertible senior notes due 2029 (the “notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering ...

Shares of Rocket Lab (RKLB -17.11%) soared to start off the week, but the launch-specialist's stock lost altitude in subsequent days. Failing to raise investors' spirits, Rocket Lab announced disappointing preliminary fourth-quarter 2023 results and a plan to raise capital on Wednesday.According to data provided by S&P Global Market Intelligence, shares of Rocket Lab have fallen 17.6% from the end of last Friday's trading session through the market's close on Thursday.The bottom of the income statement will ...

Investors in small rocket launcher Rocket Lab USA (RKLB -18.17%) are having an exciting day on Thursday.Last night, Rocket Lab announced its first rocket launch of 2024, and its first recovery of a rocket from a water landing this year. The space company also announced the preliminary results for its fourth and final quarter of 2023. And how was that news? Here's a hint: Through 11 a.m. ET, Rocket Lab stock is down 18.6%.Rocket Lab Q4 sales and earnings"Based on the information available to us as of the dat ...

Shares of Rocket Lab USA Inc. are down 18.3% Thursday, weighed down by the space company’s preliminary fourth-quarter results, putting the stock on pace for its lowest close in nine months.The stock is trading around $3.97, which would be the company’s lowest close since May 9, 2023, when it closed at $3.94, according to Dow Jones Market Data. The decline would also mark Rocket Lab’s RKLB, -18.58% largest percentage decrease since the 17.6% decline on Sept. 13, 2021, and is the company’s largest decline sin ...

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (“Rocket Lab”, “we”, “us” or “our”) (Nasdaq: RKLB), a global leader in launch services and space systems, announced today that it has commenced a private offering of $275.0 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with this offering, Ro ...

Rocket Lab (NASDAQ:RKLB) stock is a hot topic among traders on Wednesday after the space company announced its first mission of the year.Rocket Labs notes that it has completed Spire and NorthStar’s Space Situational Awareness Mission. This marks its first mission of 2024 and the company has high expectations for the rest of the year.Rocket Lab says that it has more missions scheduled for 2024 than any year prior. The company also mentions that its backlog has reached a new record as it continues to service ...

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab,” “the Company,” “we” or “us”), a global leader in launch services and space systems, today shared preliminary financial results for its fiscal fourth quarter ended December 31, 2023 following the successful deployment of Spire and NorthStar’s Space Situational Awareness Mission. Rocket Lab founder and CEO, Peter Beck, said: “Our fourth quarter included Electron’s successful return to service and our largest contract awar ...

MAHIA, New Zealand--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today launched its first Electron mission for 2024, a space-junk focused mission for Spire Global, Inc (“Spire”) and NorthStar Earth & Space (“NorthStar”). The ‘Four Of A Kind’ mission for Spire’s customer NorthStar successfully launched from Rocket Lab Launch Complex 1 in New Zealand at 19:34 NZDT / 06:34 UTC. Rocket Lab’s Electron rocket deployed ...

A downtrend has been apparent in Rocket Lab USA, Inc. (RKLB) lately. While the stock has lost 6% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future e ...

Key PointsShares have softened in recent weeks, but a recent upgrade should be enough to fuel a fresh rally.Last month's contract with the U.S. government will also go a long way to cementing Rocket Lab's prospects.A fresh price target of $8 points to further upside of at least $65 from current levels. 5 stocks we like better than Rocket Lab USARocket Lab USA Inc NASDAQ: RKLB is a stock that's struggled to properly get going in recent years despite multiple attempts. The launch service provider shot to prom ...