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Rocket Lab Shares Rebound Nearly 13% After Extended Losses

A prolonged slide had taken the stock below its longer-term moving averages.

A model rocket angles upward above a curved brushed-metal rail / TokenPost.ai
A model rocket angles upward above a curved brushed-metal rail / TokenPost.ai

Rocket Lab Corporation (RKLB) shares climbed nearly 13% Friday following a sustained slide that had put the stock beneath its longer-term moving averages.

The company works across rocket launches, spacecraft production, components and services for operations in orbit.

The gain adds to TokenPost’s previous coverage of Rocket Lab share-price changes.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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