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Is Rocket Lab Stock a Buy After the SpaceX IPO?
Key takeaways
- SPCX RKLB NVDA Space Exploration Technologies, commonly known as Space X, went public on June 12, and the stock has already rocketed higher, reaching north of $200 before retreating somewhat.
- You might think a rising tide would lift all (space) boats, but it hasn t.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
SPCX RKLB NVDA Space Exploration Technologies, commonly known as Space X, went public on June 12, and the stock has already rocketed higher, reaching north of $200 before retreating somewhat.
You might think a rising tide would lift all (space) boats, but it hasn t. Shares of Rocket Lab (NASDAQ: RKLB), another industry player, are down about 6.6% from where it closed the day before Space X started trading.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
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