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RKLB extends gains as ARK adds to stake on solar cell launch

Rocket Lab shares rose 4% overnight. Cathie Wood’s ARK Investment Management added to its RKLB position as the company launched a lighter, germanium-free solar cell aimed at reducing exposure to critical-mineral shortages.

RKLB

Rocket Lab (RKLB) shares rose 4% overnight heading into Wednesday after Cathie Wood’s ARK Investment Management added to its position. The space company also launched a lighter solar cell designed to reduce exposure to critical-mineral shortages by removing germanium. RKLB stock jumped 3% on Tuesday.