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-0.00176100628930818 -0.00327044025157221 -0.00980628930817613 -0.0108176100628931 -0.0120754716981131 -0.0163522012578616 -0.0218867924528301 -0.0293735849056604
Stock impact report

Why Rocket Lab Stock Popped, Then Dropped Today [Yahoo! Finance]

Rocket Lab USA, Inc. (RKLB) 
Company Research Source: Yahoo! Finance
First spiking past 7% in the opening minutes, the stock began losing steam almost immediately, falling into the red before 10 a.m. before finding its footing and rising again. As of 10:45 a.m. ET, Rocket Lab stock is up 2%. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Investors enjoying today's ride can thank two investment banks, Morgan Stanley and Citigroup, for their good fortune. Reports show that this morning, Morgan Stanley analyst Kristine Liwag nearly tripled her price target on Rocket Lab stock to $18 a share, while Citigroup's Jason Gursky raised his target from $13 to $22. Both analysts cited optimism about the prospects for Rocket Lab's new Neutron medium-lift vehicle winning market share. Morgan Stanley's analyst, however, did caution that the stock could be volatile ahead of Neutron's first launch, and kept her stock recommendation at "equal weight" (i.e., hold). Citi's analyst was more bullish, rei Show less Read more
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