Rocket Lab USA ( (RKLB) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Rocket Lab USA’s stock initially rose after announcing a significant multi-launch contract with the Japan Aerospace Exploration Agency, underscoring its importance to international space efforts. However, the stock remains volatile as analysts express caution due to insider selling activities, despite the positive contract news.
More about Rocket Lab USA
YTD Price Performance: 166.11%
Average Trading Volume: 23,103,328
Technical Sentiment Signal: Buy
Current Market Cap: $31.61B
For further insights into RKLB stock on TipRanks’ Stock Analysis page.
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