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Markets · Investing · Business
Finance
2 Missions, 3 Launches, and Up to $300 Million for Rocket Lab
Rocket Lab stock is down 32% in July, but it's still winning contracts.
Rocket Lab (NASDAQ: RKLB) is on a roll -- not that you could tell from the stock price.
Shares of the tiny, U.S.- and New Zealand-based Space Exploration Technologies lookalike are down 32% so far this month. Last month, however, Rocket Lab got some great news from the folks down at NASA: two new contracts to launch sun- and Earth-science missions for the space agency.
Details
Plus, future contracts could help generate up to $300 million for Rocket Lab.
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