Why Rocket Lab Stock Shot Higher in August
Rocket Lab USA (NASDAQ: RKLB) plans to go to Mars, and investors seem to think the stock could go along for the ride.
Shares of Rocket Lab climbed 19.7% in August, according to data provided by S&P Global Market Intelligence, on solid earnings and news about a high-profile mission.
Rocket Lab is part of a new generation of space companies reshaping the industry and taking share from incumbents. The company has quickly established itself as a leader, and is now trying to boldly go where few have gone before.
Source Fool.com
