Should You Ignore Rocket Lab Stock? Why SpaceX May Be the Better Space Stock Today.
Coke is still better than RC Cola, and SpaceX is still better than Rocket Lab.
Overview
From a share price just under $65 at the end of July to an intraday high north of $86 mid-month to... just over $64 at the end of August, Rocket Lab (NASDAQ: RKLB) stock went full circle last month. Eventually, the stock ended up not just back where it started but actually a bit below. Investors seem to have cooled to the idea that Rocket Lab might become "the next SpaceX."
Meanwhile, Space Exploration Technologies (NASDAQ: SPCX) stock is up 30% in August.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.