Why Rocket Lab Stock Popped Today
Shares of rocket company Rocket Lab USA (NASDAQ: RKLB) jumped more than 6% early Thursday morning before retreating to a more modest (and, I'd argue, appropriate) gain of 2.1% through 10:50 a.m. ET.
Overnight (or very early this morning, depending on how you look at it), Rocket Lab launched its 46th Electron rocket. This was its first-ever Electron mission for the U.S. National Reconnaissance Office (NRO) launched from U.S. soil.
The launch went well.
Source Fool.com