Why Rocket Lab USA Stock Is Shooting Higher Today
Rocket Lab USA(RKLB) The Motley Fool·2024-02-12 17:46
Shares of Rocket Lab USA (RKLB 8.99%) are a buy over at Citigroup, with the bank seeing blue skies up ahead thanks to new orders and added liquidity. Investors are taking notice, sending shares of Rocket Lab up as much as 10% for the day and up 8% as of noon on Monday.Citi sees a bright futureRocket Lab has taken its investors on a turbulent ride in recent months. The company experienced its first launch failure late in 2023, but ended the year on a high note when it announced its biggest contract ever, wit ...