
Is Rocket Lab Stock’s 10% Jump Justified?

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Rocket Lab's stock surged over 10% due to the successful testing of its 'Hungry Hippo' cargo for the Neutron rocket and new funding from the Canadian Space Agency. Despite a minor launch delay, the market focused on the Neutron's potential, which could significantly boost revenue. Institutional investors are positioning for long-term gains, with the stock exceeding key moving averages and approaching analyst targets of $75-$83.

