🟢 RKLB is trading 7% up today on Q1 earnings momentum and record backlog

RKLB is trading at $84.39 (+7%) in pre-market, rebounding sharply from yesterday's close as momentum builds on a Q1 earnings beat and record backlog.

• The company reported $200.3M in revenue (+64% YoY) and a record $2.2B backlog, with the Space Systems segment now driving 74% of total business.
• Analyst price targets were recently lifted to $84-$90, aligning with the current move amid positive tech sentiment and a 0.5% rise in Nasdaq futures.