Why Rocket Lab Stock Shot Higher in August

The company's business is progressing as planned. Rocket Lab USA (RKLB 5.24%) plans to go to Mars, and investors seem to think the stock could go along for the ride. Shares of Rocket Lab climbed 19.7% in August, according to data provided by S&P Global Market Intelligence, on solid earnings and news about a high-profile mission. To Mars and beyond! Rocket Lab is part of a new generation of space companies reshaping the industry and taking share from incumbents. The company has quickly established itself as ...