Rocket Lab (RKLB) stock jumps, then slips after hours — what Wall Street is watching next
Rocket Lab shares closed up 3.6% at $87.91 Monday before slipping 0.4% after hours. The move follows an $816 million U.S. Space Development Agency contract for 18 satellites, part of a $3.5 billion program. Investors await the Feb. 26 earnings report for updates on costs and cash burn. Analysts’ average price target stands at $69.66, below Monday’s close.