RKLB shares extend rally as CEO links Iridium deal to ‘space power’
Rocket Lab shares rose about 2% overnight, extending Monday’s rally after CEO Peter Beck said the Iridium Communications (IRDM) acquisition could make the company a fully integrated space power.
Shares of Rocket Lab (RKLB) rose 2% overnight late Monday, extending the prior rally after the stock hit a one-month high. CEO Peter Beck outlined how the acquisition of Iridium Communications (IRDM) could transform the company into a fully integrated space power. RKLB stock jumped 8% on Monday to end at $6.