RKLB is trading at $110.60 (+4.86%) as the stock sustains upward momentum following its strong Q1 earnings report.
- The company recently highlighted a $2.2B backlog driven by space systems and issued robust Q2 guidance of $225M–$240M.
- Shares are building on a massive +34% gain from May 8, significantly outperforming a mixed market where the S&P 500 is up 0.1% and the Nasdaq is flat.
- Despite the current rally, prediction markets indicate high odds of a slight technical pullback later this week.