Rocket Lab (RKLB) Stock Jumps 15% After Space Sector Sell-Off. Time to Buy?
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TLDR Rocket Lab (RKLB) closed at $53.07 on Nov. 6, up $7.08 or 15.39% The stock sits far below its 52-week high of $151.00 Space and defense names have been hit since the midterm elections Rocket Lab guided Q3 sales of $250 million to $265 million Adjusted gross margin is targeted at 35% to 37% Rocket Lab (RKLB) had a strong Friday. The stock closed at $53.07, up $7.08 or 15.39%. Rocket Lab USA, Inc., RKLB The day’s range ran from $46.51 to $53.10. That means the stock finished right near the top. About 20.9 million shares traded hands. That is a bit above the average volume of 19.6 million. The rally comes after a rough stretch. The stock sits far below its 52-week high of $151.00.
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