There’s simply no slowing down the rise of Rocket Lab USA, Inc. (NASDAQ: RKLB). After a brief pullback from its 52-week high, shares of the aerospace and defense company tested support near $40 before regaining momentum and pushing back toward a key breakout level at $50.
That strength, especially at a time when broader markets have been showing early signs of weakness, raises the question of whether RKLB is setting itself up for something bigger.
