Rocket Lab (RKLB) Stock: Climbs 55% in One Month Despite CEO Selling $90 Million

TLDR Rocket Lab shares rose 2.8% to $78.14 on Monday with volume up 3% from average as stock trades above key moving averages Wall Street assigns “Moderate Buy” rating but $61.25 average price target implies 22% downside from current levels Third-quarter revenue of $155.08 million beat estimates and grew 48% year-over-year while loss narrowed to [...]

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