Shares of Rocket Lab (NASDAQ: RKLB) have increased over 760% in the last year, with current prices above $46 compared to $5 a year prior. The company is viewed as an appealing alternative to SpaceX for investors. Rocket Lab's Electron rocket has seen considerable success, and the release of its new Neutron rocket is highly anticipated. Rocket Lab operates with a high price-to-sales ratio, suggesting significant expected growth despite the potential for price volatility in the stock market.
Shares of Rocket Lab (NASDAQ: RKLB) have surged more than 760% over the last year, reaching prices above $46 from just $5 a year ago.
Rocket Lab's Electron rocket has been successful, yet there is still anticipation for the release of its new Neutron rocket later this year.
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