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-0.00103092783505171 0 -0.0025773195876289 -0.00773195876288671 -0.00103092783505171 0.00463917525773195 0.00206185567010305 -0.00206185567010323
Stock impact report

Rocket Lab Is Raising Prices -- and Happy About It [Yahoo! Finance]

Rocket Lab USA, Inc. (RKLB) 
Company Research Source: Yahoo! Finance
investors for quite a wild ride last week, shooting up more than 40% Wednesday morning , then giving back much of its gain in the afternoon leading into Thursday... before turning around and winning back much of its gains on Friday. The catalyst behind all the turbulence: Q3 earnings. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Rocket Lab reported its Q3 earnings last week, and by "earnings" I mean losses, because Rocket Lab didn't actually earn anything last quarter. Not even close. Despite growing sales 55% and beating its launch record for all of 2023 with months to spare in 2024, Rocket Lab actually lost $0.10 per share for the quarter. (On the plus side, that was better than the $0.11 per share Wall Street expected, but it was still a loss -- and a 25% bigger loss than suffered in Q3 2023.) On the face of it, that seems like bad news. But investors didn't look at it that way at all. Instead, investors focused Show less Read more
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