Why Rocket Lab USA Stock Was Soaring This Week
The company tapped an automotive industry veteran to be one of its top managers. News coming from Rocket Lab USA (RKLB 8.75%) tilted heavily toward the positive over the last five trading days. That inspired market players to buy the company's stock, to the point where it notched a convincing double-digit gain. According to data compiled by S&P Global Market Intelligence, Rocket Lab's shares rocketed (sorry) more than 28% higher over the course of the week. A top manager is about to take office On Tuesday, ...