Rocket Lab Jumps to Record as Traders Eye Reported NASA HASTE Flight
Heavy trading tied to a reported NASA hypersonic test is drawing fresh interest from both retail and institutional investors.
Overview
- Shares hit an intraday high of $54.03 and closed at $53.34, up 10.14% on the day.
- A space-tracking website reports a HASTE suborbital launch for NASA from Wallops this month, though no date has been confirmed by the company.
- Blue Origin’s New Glenn is expected to carry two Rocket Lab–built Escapade probes on September 29 for a Mars magnetic field study run by UC Berkeley’s Space Sciences Laboratory.
- The latest catalysts follow Rocket Lab’s 70th mission last month, which included five Electron launches from Māhia, New Zealand.
- Commentary notes the stock had traded sideways after a rally of roughly 220% from April lows, with gains occurring on heavy volume and signs of rising institutional interest.