Why Rocket Lab Stock Roared Higher Today
For the third trading day in a row, Rocket Lab USA (NASDAQ: RKLB) stock roared higher Tuesday.
After erupting nearly 15% in response to news of a big expansion in production of reaction wheels Thursday, then proceeding to gain more than 16% Friday, on Tuesday, new space stock and occasional defense contractor Rocket Lab is up another 13.4% as of 10:15 a.m. EDT.
Image source: Rocket Lab.
Source Fool.com
