Investing.com -- Rocket Lab USA, Inc. (NASDAQ:RKLB) shares shot up more than 35% in premarket trading Wednesday after the company reported its third-quarter earnings and announced news of the first customer for its upcoming Neutron rocket. The space ...

Rocket Lab reports 55% revenue growth, but remains unprofitable. Learn why RKLB stock offers significant upside despite short-term pullbacks and challenges.

Shares of Rocket Lab USA ( NASDAQ: RKLB ), an aerospace manufacturer and launch-service provider, were up 50% in midday trading on Wednesday, after earnings beat Wall Street estimates. Hims & Hers stock tanks as Amazon debuts fixed pricing for hair-loss and erectile-dysfunction drugs

Rocket Lab stock price has gone parabolic, rising in the last five consecutive weeks, and reaching its highest level since November 2021. The RKLB share price has jumped by 320% from its lowest level this year,

Rocket Lab's stock has surged 133% since September, with a total return of 355% since November 2023. Read why I remain bullish on RKLB stock.

Rocket Lab announced its first customer for its coming Neutron vehicle. The space infrastructure company reported third-quarter revenue increased to $104.8 million, up 55% from $67.6 million for the same period a year ago.

Shares of commercial space start-up Rocket Lab jumped after the company reported better-than-expected third-quarter results late Tuesday. The stock rose 35% to $19.85 on Wednesday while the S&P 500 was flat and the Dow Jones Industrial Average was up about 0.