On Friday $RKLB (-0,27 %) made the leap into the Russell 1000 Index. The company is now one of the largest 1000 listed US companies. 🥳
For investors, this means that large funds and ETFs (such as the iShares Russell 1000) now have to include the share - creating additional demand and greater visibility on the market. An important step that strengthens the confidence of institutional investors and brings Rocket Lab further into focus.
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Strong start to the week for Rocket Lab
Here in Germany and Europe, the share started trading this morning with a rise of around +3%. This shows that the inclusion in the index and the last successful missions have been well received.
I am now curious to see what will happen after the US stock market opens - whether Rocket Lab can carry the momentum with it or whether profit-taking will come in first.
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My conclusion
Rocket Lab has developed strongly in recent months. The inclusion in the Russell 1000 is another positive sign - now it's time to take advantage of the opportunities with Neutron and defense contracts. If everything goes as planned, it will soon be: next stop, orbit. 🚀 💫
