SpaceX IPO Looms Ahead And These Rocket Stocks Are Popping: Here's What Is Going On With SPCE, ASTS, RKLB, LUNR And PL Overnight

Space-related stocks rallied in after-hours trading on Thursday as investors anticipate SpaceX 's expected Nasdaq debut on Friday under the ticker SPCX. In the after-hours session, these stocks went trending: Company % After Hours Change After Hours Price Virgin Galactic Holdings, Inc. (NYSE: SPCE ) +13.26% $6.49 AST SpaceMobile, Inc. (NASDAQ: ASTS ) +6.86% $104.25 Rocket Lab Corporation (NASDAQ: RKLB ) +5.85% $121.50 Planet Labs PBC (NYSE: PL ) +4.77% $35.80 Intuitive Machines, Inc. (NASDAQ: LUNR ) +4.43% $32.00 Why The Rally Happened Earlier in the week, many space stocks declined as retail investors sold positions to free up cash for the SpaceX offering. Thursday's after-hours rebound reflected a relief rally, with capital returning to the sector after the IPO's pricing details helped reduce uncertainty. SpaceX’s Friday Nasdaq debut at $135 per share sent traders scrambling into publicly listed space names. With no ... Full story available on Benzinga.com