Why Rocket Lab Skyrocketed 21.9% Higher in April
Source: Motley Fool
2025-05-05 07:30:00 ET
April showers may have generally doused the spirits of investors, as the S&P 500 (SNPINDEX: ^GSPC)
nudged about 0.7% lower last month, but not all stocks suffered. Launch services provider Rocket Lab USA (NASDAQ: RKLB) , for example, blasted 21.9% higher, according to data provided by S&P Global Market Intelligence .
Besides both the United States Department of Defense and the U.S. Air Force selecting Rocket Lab for participation in two noteworthy programs, the United Kingdom's Ministry of Defense awarded Rocket Lab a contract that motivated investors to bid Rocket Lab stock higher.
Image source: Getty Images.
Rocket Lab Corporation
NASDAQ: RKLB
RKLB Trading
-7.12% G/L:
$123.29 Last:
12,925,843 Volume:
$128.10 Open:
RKLB Latest News
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$38,475,280,666
470,591,729
0.12%
23
N/A
Aerospace & Defense
Industrials
US
Long Beach
