Why Rocket Lab Stock Rocketed Today
After playing possum for most of the morning, shares of newly-public space company and occasional defense contractor Rocket Lab USA (NASDAQ: RKLB) took off like (what else?) a rocket in afternoon trading Thursday.
By the time markets closed for the evening, Rocket Lab shares were up 14.7%.
These are reaction wheels. Now let us tell you why they're important. Image source: Rocket Lab.
Source Fool.com
