Rocket Lab USA Inc. is trading at $109.76 (+4.48%) as the stock gains momentum from renewed interest in space-sector equities and significant contract news.
- Shares are benefiting from flows into space proxy stocks, reportedly tied to investor interest surrounding the SpaceX IPO roadshow.
- Sentiment is further bolstered by reports that the company signed the largest contract in its history earlier this month.
- The upward move follows a strong opening bid despite broader volatility in the current trading session.