Rocket Lab (RKLB) Jumps 9% on New Mission Launch

Rocket Lab Corporation (NASDAQ:RKLB) is one of the 10 Stocks That Stole Today’s Spotlight.

Rocket Lab extended its winning streak to a third straight day on Monday, jumping 9.12 percent to end at $32.78 apiece as investors repositioned portfolios ahead of the launch of the Symphony in the Stars mission.

In a post on X, Rocket Lab Corporation (NASDAQ:RKLB) said that its next launch attempt for the mission was scheduled for Tuesday, June 24th, at 7 PM NZT, or 3AM EDT.

Rocket Lab Corporation (NASDAQ:RKLB) attempted to launch the Symphony in the Stars on Friday but scrapped the plan due to strong winds.

In other news, Rocket Lab Corporation (NASDAQ:RKLB) received a higher price target from Cantor Fitzgerald—$35 versus the $29 previously. The latter also maintained its “overweight” rating on the stock.

Cantor Fitzgerald said that its revision was based on Rocket Lab Corporation’s (NASDAQ:RKLB) successful space launch track record, which positions it in the industry.

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READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.