Rocket Lab shares rise on Iridium Communications acquisition and NASA mission progress
RKLB Rocket Lab Corp
$50.90 -0.90%
View chart & analysis → - 1Rocket Lab shares rose 3.9% to trade at $52.87 during Wednesday pre-market trading.
- 2The acquisition of Iridium Communications is being pursued with a transaction value of approximately $8 billion.
- 3Iridium Communications shareholders approved Rocket Lab's acquisition proposal with a 99.6% vote.
So what's the key point?
Rocket Lab has decided to acquire Iridium Communications. Following this decision, Rocket Lab's share price rose by 3.9 percent.
Source InvestorsHub +2 · View original ↗
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