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pennystock_es

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pennystock_es

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Wednesday, 03/03/2021 3:40:47 AM

Wednesday, March 03, 2021 3:40:47 AM

Post# of 10036
Why These 4 Space Stocks Soared on Monday
Rocket Lab is taking off, and it's pulling the whole industry behind it.

What happened

Vector Acquisition (NASDAQ:VACQ), a previously little-known special purpose acquisition vehicle, or SPAC, that went public three months ago, roared to life on Monday, surging 36.5% by noon EST -- and pulled the rest of America's nascent "new space industry" higher with it. The reason: At long last, Vector is bringing space company Rocket Lab public.

In addition to Vector, as of noon, we saw shares of Virgin Galactic (NYSE:SPCE) up 4%, Holicity (NASDAQ:HOL) up 15.6%, and Stable Road Acquisition (NASDAQ:SRAC) up 19%.

https://www.fool.com/investing/2021/03/01/why-these-4-space-stocks-soared-on-monday/
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