Rocket Lab Just Took a Page From the SpaceX's Playbook. Time to Buy?
A blockbuster deal positions the company to compete more directly with SpaceX.
Overview
Shares of Rocket Lab (NASDAQ: RKLB) climbed sharply higher on Monday, gaining as much as 12.9%. As of 11:34 a.m. ET, the stock was still up 8.9%.
The catalyst that sent the rocket specialist higher was a "transformational" deal that will better position the company in the space race.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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