Why Astra Space Stock Just Jumped
Shares of start-up defense contractor and space launch provider Astra Space (NASDAQ: ASTR) lifted off Monday morning, rising 13.8% through 11:51 a.m. EDT. There were two reasons for this... and you can find them both on Twitter.
Image source: Getty Images.
Reason No. 1: On Thursday, CEO Chris Kemp announced that Astra had received its license from the FAA authorizing it to launch small payloads to orbit through 2026.
Source Fool.com