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Why Is Rocket Lab (RKLB) Stock Rocketing Higher Today [Yahoo! Finance]
Last monster beverage corporation earnings: 2/27 04:05 pm
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US:NASDAQ Investor Relations: investors.monsterbevcorp.com/events.cfm
results and provided an optimistic EBITDA forecast for the next quarter, which blew past analysts' expectations. Its revenue and EBITDA both outperformed Wall Street's estimates in the quarter. The performance was largely driven by strong demand in its space systems segment. Zooming out, we think this was a very good quarter. Is now the time to buy Rocket Lab? Access our full analysis report here, it's free Rocket Lab's shares are extremely volatile and have had 38 moves greater than 5% over the last year. But moves this big are rare even for Rocket Lab and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 3 months ago when the stock gained 19.3% on the news that the company announced that it had successfully launched and shipped two Mars-bound spacecraft to Cape Canaveral for the ESCAPADE heliophysics mission. The spacecraft was designed for NASA and UC Berkeley to measure plasma and magneti
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