After months of grinding lower, Rocket Lab (NASDAQ: RKLB) has finally caught a bid. The stock has climbed more than 10% over the past month, bouncing firmly off its recent lows near $60 to trade back above $70. For the bulls, it's a welcome change of pace for a name that spent the summer as one of the more painful holds in the space sector.
But the rebound isn’t just a relief bounce lacking substance. Several catalysts have converged to hand the bulls some much-needed momentum.
