Rocket Lab Stock Popped This Week. Here's Why.

The space flight company is putting up strong growth and expanding its launch capabilities. Shares of Rocket Lab USA (RKLB 12.58%) shot up over 15% at one point this week, according to data from S&P Global Market Intelligence. The new rocket launch and space flight company is building on its large ambitions by growing its revenue and backlog for existing launch systems in its second-quarter earnings report. It also announced a progress update for its large Neutron rocket system. As of this writing at the cl ...