Rocket Lab stock jumps 9% as RKLB traders weigh insider-sale filing and defense-contract backdrop
Rocket Lab shares rose 8.9% to close at $75.99 Friday after trading between $66.85 and $76.24, with 31.2 million shares exchanged. After the close, an SEC filing showed officer Frank Klein plans to sell up to 100,000 shares. Investors remain focused on Rocket Lab’s $816 million Space Development Agency contract announced in December. The stock was up 0.3% in after-hours trading.