11 Firms Under Tech, Energy, Aviation Lead Friday Rally

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7. RocketLab USA Inc. (NASDAQ:RKLB)

Shares of RocketLab rallied by 15.14 percent on Friday, adding 3.78 points to close at $28.74 apiece.

Excitements around space exploration are bolstering the company’s shares performance, especially after announcing its 16th successful rocket launch last month, a 60 percent improvement over the 10 rocket launches posted in 2023.

Prospects are even brighter for the company this year after its chief executive officer, Peter Beck, said that the company will increase its launch cadence in the new year.

Beyond rocket launch services, the company also continued expanding its space systems division, manufacturing critical satellite components and spacecraft for the National Aeronautics and Space Administration and other customers.

The development of its larger Neutron rocket is also expected to open new market opportunities.

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