Why Rocket Lab Stock Took Flight on Tuesday

Rocket Lab stock surged 8.28% on Tuesday after announcing that its Neutron rocket's second stage and thrust module have departed the factory and are en route to the Virginia launch site for testing. Cantor Fitzgerald reiterated an overweight rating with a $122 price target, suggesting 127% upside potential. The company previously delayed Neutron's inaugural launch from year-end 2026 to Q2 2027 due to a propellant dome defect.