TradingKey – Rocket Lab (NASDAQ: RKLB) rose 6.6% to $62.74 on Tuesday, November 10, after its third-quarter report, and premarket trading was slightly higher at $63.05. The stock had dipped to $55.60 in early premarket trading after the results, as investors first focused on a wider loss, before buyers took over.
Tuesday’s gain followed a 10.91% jump to $58.86 on Monday, before the report, during a broad market rally. Even after both moves, RKLB is still at less than half of its record high above $150 from earlier this year.
Record Revenue, Wider Loss
Revenue rose 73% to a record $267.8 million, above the roughly $256.5 million Zacks consensus. But the adjusted loss of $0.07 a share missed the $0.02 loss analysts expected, and the GAAP net…
