Stock Track | Rocket Lab Soars 6.55% Amid Bullish Sentiment in Space Stocks

Stock Track

01-31

Rocket Lab USA, Inc. (RKLB) saw its shares surge 6.55% on Friday, outperforming the broader market in a bullish trading session for space stocks.

The rally in Rocket Lab's stock price was part of a broader upswing in the space industry. Shares of Redwire (RDW) skyrocketed 17%, while Intuitive Machines (LUNR) also climbed around 6% on the day.

The positive momentum in the sector was further fueled by news of Virgin Galactic (SPCE) partnering with Redwire to develop research payload lockers for its new Delta-class spaceships. This collaboration aims to enhance microgravity research capabilities and support future space missions.

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(RKLB) saw its shares surge 6.55% on Friday, outperforming the broader market in a bullish trading session for space stocks.</p>\n<p>The rally in Rocket Lab's stock price was part of a broader upswing in the space industry. Shares of Redwire (RDW) skyrocketed 17%, while Intuitive Machines (LUNR) also climbed around 6% on the day.</p>\n<p>The positive momentum in the sector was further fueled by news of Virgin Galactic (SPCE) partnering with Redwire to develop research payload lockers for its new Delta-class spaceships. 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