RKLB is trading at $117.75 (+11.64%) as it extends gains from a massive 34% surge on May 8, fueled by broader tech sector strength and record highs in the Nasdaq and S&P 500.
- Recent Q1 earnings reports revealed a record $2.2B backlog, primarily driven by expansion in the company's Space Systems segment.
- The stock's upward trajectory persists despite prediction market forecasts suggesting a potential pullback this week, as live trading continues to show strong gains.