Why Rocket Lab Stock Popped on Tuesday
Source: Motley Fool
2025-02-04 11:35:03 ET
Space company Rocket Lab USA (NASDAQ: RKLB) enjoyed a modest stock price bump in early trading on the Nasdaq Tuesday, rising 3.7% through 10 a.m. ET. The curious thing is that this bump came after what initially appears to be bad news.
Last night Rocket Lab announced it will delay its next Electron rocket launch.
Rocket Lab had an Electron all ready to launch a handful of Internet of Things (IoT) satellites into orbit for customer Kineis today. The company had to postpone launch to sometime "in the coming days," however. Management noted the reason for this was a "COLA report."
Rocket Lab Corporation
NASDAQ: RKLB
RKLB Trading
-7.12% G/L:
$123.29 Last:
12,925,843 Volume:
$128.10 Open:
RKLB Latest News
May 16, 2026 07:32:00 am
Rocket Lab Just Reached an All-Time High. Here Are 5 Things That Could Make It Rise Even FurtherMay 16, 2026 05:35:00 am
Space Stock Face-Off: Is Rocket Lab or AST SpaceMobile Worth Your Money Right Now?RKLB Stock Data
$38,475,280,666
470,591,729
0.12%
23
N/A
Aerospace & Defense
Industrials
US
Long Beach
