Why Rocket Lab Stock Is Still Rocking Today

For the second day in a row, Rocket Lab USA (NASDAQ:RKLB) stock is on a tear. Yesterday, shares of the new space company and occasional defense contractor shot up nearly 15% on news of a big expansion in production of reaction wheels (i.e., satellite parts).

Today, Rocket Lab is up another 14.2% in 1:30 p.m. EDT trading, and — there being no other news on the wires to explain the move — probably for the same reason.

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