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Planned Launches Should Add Fuel to Rocket Lab USA

Published 10/18/2021, 09:20 AM
Updated 10/18/2021, 10:01 AM
© Reuters.  Planned Launches Should Add Fuel to Rocket Lab USA

Rocket Lab USA (RKLB) stock fell almost as quickly as it rose, but November should bring fresh space missions as well as higher share prices.Depending on their timing, investors in Rocket Lab USA RKLB> might either be doing well, or deep in the red. Like it or not, RKLB stock is emblematic of the volatile nature of today's space exploration stocks.

As you may recall, Rocket Lab shares commenced trading on the Nasdaq Exchange on Aug. 25, after the company completed a special purpose acquisition company (SPAC) merger with Vector Acquisition.

Since then, there's been some major turbulence. Like a rocket ship on a space mission, ROB went vertical before falling back to earth.

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