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Why Rocket Lab Stock Popped on Thursday


Rocket Lab (NASDAQ: RKLB) stock spent most of Christmas week opening presents from its PR department, which posted on X about how well things went for the company in 2024 -- 16 rocket launches, a growing business providing solar power panels for spacecraft, and an accelerating cadence of rocket launches in the year's final weeks.

🚀 16 launches in 2024, a 60% YoY increase.

🚀 4 launches in the past 4 weeks (including 2 in less than 24 hours of each other).

🚀 100% mission success for the year.

More about our latest mission: https://t.co/lnmLoCBaF1 pic.twitter.com/59BkRJl3OM

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Source Fool.com

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