Rocket Lab stock is in lift-off mode, surging about 20% after the company announced Monday it is acquiring Iridium Communications for roughly $8 billion.What grabbed my attention wasn't just the size of the deal. It's that the acquiring company rallied this hard on this smaller-sized deal, which al…
Shares of Rocket Lab (RKLB) slipped nearly 2% overnight late Tuesday after its latest Electron launch attempt for Japan’s QPS was called off on launch day, with the company saying that backup windows are available in the coming days.RKLB stock declined 29% in June, logging its worst month since Nov…
By Al RootRocket Lab stock rose again Tuesday, following its blockbuster announcement on Monday that it would buy satellite operator Iridium Communications.Now, Wall Street is weighing in on the deal as investors look for other companies that have assets needed to build space-communications network…
What Happened? Shares of aerospace and defense company Rocket Lab NASDAQ:RKLBjumped 4.1% in the afternoon session after its stock continued to rally following the announcement of a deal to acquire Iridium Communications for approximately $8 billion.The move extended a nearly 16% gain from the previ…
(15:05 GMT) Rocket Lab Price Target Raised to $115.00/Share From $105.00 by B of A Securities
Rocket Lab Price Target Maintained With a $96.00/Share by Cantor Fitzgerald
Rocket Lab Is Maintained at Market Outperform by Citizens
Rocket Lab Is Maintained at Buy by Roth Capital
Rocket Lab Is Maintained at Buy by Craig-Hallum
Rocket Lab Price Target Maintained With a $120.00/Share by Needham
By Robert CyranDavid’s fight against Goliath had nothing on Rocket Lab’s NASDAQ:RKLB new mission. The space-launch vehicle and satellite maker on Monday agreed to acquire Iridium Communications NASDAQ:IRDM in a deal valued at $8 billion, including debt. They say they’re creating a vertically integr…
The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:** British lender Barclays LSE:BARC acquired a 999-year leasehold interest in its global headquarters at London's Canary Wharf in a deal valued at £750 million ($992.78 million).** India's Adani Ports and S…
Rocket Lab to buy Iridium for $54/share (~$8B EV): $27 cash plus Rocket Lab stock via VWAP ratio. Deal backed by $3.6B bridge loan; expected close mid‑2027; adds L‑band network and
Shares of Rocket Lab (RKLB) jumped 2% overnight late Monday as Wall Street turned more bullish on the stock, while one analyst noted that the company outbid AST SpaceMobile (ASTS) for Iridium Communications (IRDM) in a surprise $8 billion deal.RKLB stock jumped 16% on Monday to end at $98.01, loggi…
By Callum Keown and Kit NortonStocks rose on Monday with tech shares mostly bouncing back. The Nasdaq Composite index snapped its five-day losing streak. Wall Street seemed to take the easing of tensions in the Middle East as a green light to buy the dip.In addition, the Supreme Court on Monday rej…
MARKET WRAPSSTOCKS: Stocks rose as traders jumped back into technology bets.TREASURYS: Treasury yields rose as investors rediscovered their risk appetite.FOREX: The U.S. dollar gave back some of its recent gains, but remained near 52-week highs.COMMODITIES: Oil futures rose, recouping some of their…
The S&P 500 and Nasdaq snap five-day losing streaks and the Dow Industrials jump to a record high as deal activity returns to start the week. Comcast announces plans to spin off NBCUniversal and Sky into a separate publicly traded company, Rocket Lab agrees to buy satellite operator Iridium Communi…
Planet Labs NYSE:PL shares jumped as much as 12% on Monday, potentially driven by a major acquisition elsewhere in the space sector rather than company-specific news.The catalyst appears to be Rocket Lab's (RKLB) announcement that it will acquire Iridium Communications (IRDM) in an $8 billion cash…
Rocket Lab USA Inc (RKLB) shares jumped nearly 17% during Monday afternoon’s trading session after Craig-Hallum said the company’s planned $8 billion acquisition of Iridium Communications Inc (IRDM) is not a move to compete with SpaceX’s (SPCX) Starlink. The firm called that interpretation the “wro…
Rocket Lab NASDAQ:RKLB has agreed to acquire Iridium Communications NASDAQ:IRDM in a cash-and-stock transaction that could give the space company a much bigger role in satellite communications. Iridium shareholders will receive $27 in cash plus Rocket Lab shares based on an exchange ratio, valuing…
