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Why Rocket Lab Stock Soared 155% in November
RKLBRocket Lab USA(RKLB) The Motley Fool·2024-12-02 21:35

Shares of Rocket Lab (RKLB -11.46%) soared 155% in November, according to data from S&P Global Market Intelligence. The space flight and rocket company keeps announcing new missions and posted a promising earnings result in the month. Aiming to compete with SpaceX, Rocket Lab is growing its ambitions and further separating itself from the rocket start-up pack.As of this writing, Rocket Lab stock is up 355% year to date. Here's why it was soaring yet again in November.Fast growth, new capabilitiesIn the thir ...