Huge News For Rocket Lab Stock Investors

Rocket Lab (NASDAQ: RKLB) is one of the best performing stocks of the last few years. Trading at a price of just $4 or $5 in early 2024, the stock has now shot up around 10x in value in the last 18 months, surpassing a price of $50. Investors can't get enough of Rocket Lab and its ambitious plans to become the next SpaceX in the rocket launch and space services market.Now, the company is taking advantage of this elevated stock price in order to raise funds on the cheap. How? Through what is called an at-the-money (ATM) offering. Here's what is going on with Rocket Lab today, and what that means for anyone looking to add the stock to their portfolios.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool