Lates News

Rocket Lab's stock price rose by about 5% on Wednesday after the space launch company completed its on-market stock offering plan. The company sold approximately 6.7 million shares through on-market trading, generating total revenue of about $474 million before deducting commissions and fees. Documents show that Rocket Lab also entered into forward contracts involving approximately 7.5 million shares, with expected minimum revenue of about $474 million and maximum revenue of about $642 million.