Rocket Lab Stock Hits 52-Week High: What's Going On?

Rocket Lab USA Inc (NASDAQ:RKLB) shares are hitting new 52-week highs on Monday, adding to gains of more than 25% over the past week. Here’s what you need to know before Rocket Lab reports third-quarter results this week.

What To Know: Broader markets are trading near all-time highs as the rally in risk assets continues following Donald Trump's election win. Most anticipate a more favorable regulatory environment under Trump.

The private space industry could also benefit under Trump given SpaceX CEO Elon Musk’s close ties to Trump and strong support throughout the campaign. Reuters reported that it’s possible we could see changes to the Federal Aviation Administration’s commercial space office, which oversees private rocket launches.

Growth ...