Rocket Lab USA A Stock News

Several pure-play space stocks rallied 20% or more this week, in part driven by what sector analysts called a "Trump-Elon trade." Just this week saw Rocket Lab up 41%, Intuitive Machines up 28%, Spire Global up 26%, Planet Labs up 16%, Redwire up 15% and AST SpaceMobile up 10%.

The space flight upstart posted strong quarterly earnings and gave some big updates for its new product lines.

Rocket Lab is hot off a blockbuster quarterly report. So why is the stock going down?

Shares of Rocket Lab USA (NASDAQ: RKLB), an aerospace manufacturer and launch-service provider, were up 50% in midday trading on Wednesday, after earnings beat Wall Street estimates.

Rocket Lab's stock has surged 133% since September, with a total return of 355% since November 2023, driven by strategic growth and new contracts. I bought Rocket Lab shares due to its innovative approach in the launch market and the development of the Neutron rocket, despite initial regret for not investing earlier. Rocket Lab's revenues are growing, especially in the Space Systems segment, wi...

CNBC's Jim Cramer on Wednesday reviewed ten stocks worth more than $1 billion that have run up big this year and suggested they were smart investments — although most were also very speculative. "Let's remember this list of frothy stocks and think of them the next time you're about to ignore a stock for being too speculative," he said.

Shares of SpaceX competitor Rocket Lab USA (RKLB) soared over 40% to an all-time high in intraday trading Wednesday after the company reported results that topped estimates and announced a deal with a commercial satellite constellation operator, with the first launch of its reusable Neutron rocket slated for next year.

Rocket Lab's Q3 results show 55% revenue growth and raised guidance, but the company remains unprofitable, posing risks for investors. Despite QoQ revenue decline, RKLB's stock surged due to optimistic Q4 guidance and strong market sentiment. The space industry is poised for growth, with RKLB well-positioned as the second-best company, despite competitive pressures from SpaceX.