Rocket Lab shares rise ~2% as investors weigh defense and funding
Rocket Lab (RKLB) shares were up about 2% on Tuesday as investors weighed fresh defense awards and satellite work, alongside financing progress related to the planned Iridium acquisition. The company secured $1.94 billion via an at-the-market share sale to fund the Iridium transaction.
Rocket Lab NASDAQ:RKLB shares climbed about 2% Tuesday as investors weighed fresh defense awards, satellite work and financing progress tied to the company's planned Iridium acquisition. 94 billion through an at-the-market share sale to fund the Iridium transaction. The remainder of the source text was truncated.