Rocket Lab Surges After Record Revenue and Strong Q2 Outlook
Rocket Lab (RKLB) surged over 11% after reporting record first-quarter revenue of $200 million and providing strong second-quarter guidance between $225 million to $240 million. The stock's rise was driven by analyst price target hikes following the earnings beat, with trading volume reaching 53 million shares—well above its three-month average.
Topics: earnings beat price target hikes Rocket Lab trading volume