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Rocket Lab shares surge over 8%: What's driving the RKLB rally?

Rocket Lab shares jumped 8.2% after Cantor Fitzgerald reiterated its Overweight rating and $122 price target. Investors are focusing on the companys upcoming Neutron rocket launch, the planned Iridium acquisition and a record $2.36 billion backlog.

22 Sep 2026 11:47 am