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MarketBeat
MarketBeat
Ryan Hasson

Rocket Lab Lands a Wave of Contracts Ahead of Earnings

Rocket Lab (NASDAQ: RKLB) has spent the past two weeks doing exactly what a company wants to do heading into an earnings report: winning business. After a brutal correction that saw the stock fall more than 50% from its May high, a rapid succession of major contract awards has put the spotlight back on the fundamentals. The stock jumped 5.75% on Tuesday to close at $74.48, and with Q2 results due Aug. 10, the timing of these wins could hardly be better.

A $397 Million Space Force Award

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