10/13/2023 0 Comments Rocket lab priceIts gross profit remained at $6.35 Million with the earnings per share at -$0.10. The company reported a revenue of $54.9 Million, a 35% increase year over year. The first quarter earnings of the company gave the initial push to the Rocket Lab stock price. Source- Rocket Lab USA Inc (NASDAQ: RKLB) Stock Price Movement on TradingView The value of RKLB stock has doubled within two months at the current trading price. The Rocket Lab stock price is in a constant up move since its low at around $3.8 in May. Earlier, in the ‘not so fun’ trading session, the stock price jumped significantly up to 25% for two consecutive days. RKLB stock is trading at $7.93 marking a 1.28% surge in the last trading session. Launchpad for the satellites was the company’s commercial spaceport in New Zealand. The satellites belonged to NASA, University of Toronto Institute for Aerospace Studies’ Space Flight Laboratory and Spire Global, the company noted. In the space mission dubbed “Baby Come Back”, Rocket Lab launched seven satellites using reusable orbital-class small rocket Electron. Following the company’s announcement on July 18, 2023, the RKLB stock rose up to 15%.Īs the company is making space access for entities easier, it is getting fruitful results in return. The Rocket Lab stock price skyrocketed reflecting the optimism around the company. Rocket Lab USA Inc (NASDAQ: RKLB) recently reported to carry out a successful space mission.
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