Why Rocket Lab Stock Blasted 360.6% Higher in 2024

Had Rocket Lab (RKLB -1.65%) stock provided a similar performance to the 47% climb it logged in 2023, investors probably would've been pretty happy. Turns out, however, that shares of the launch services provider fared considerably better and soared into the stratosphere, leaving shareholders downright ecstatic with its performance.According to data from S&P Global Market Intelligence, Rocket Lab stock soared 360.6% in 2024.The fuel for Rocket Lab's riseThrough the first seven months of 2024, shares of Rock ...