The stock has soared more than 215% this year despite slides earlier this year.
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Planet Labs
stock has been on a tear over the last few months as investors bet on the company’s satellite data offerings.
Shares have surged since early September and are up more than 100% over the last three months, making it one of the best performers in CNBC’s screen of San Francisco-based companies. The stock has soared more than 215% this year, building on last year’s gain of more than 60%.
Rocket Lab has secured several new launch contracts over the last few weeks.
Enthusiasm for space stocks has skyrocketed ahead of SpaceX's anticipated IPO.
Space stocks have rallied in recent weeks following news that Musk's SpaceX is planning to go public next year and widespread…
Baird sees shares of spacecraft maker Rocket Lab soaring 20% from here.
The investment firm initiated the satellite imagery company at a buy rating.
UBS resumed coverage of stock in the satellite designer and manufacturer with a buy rating.
