From Yahoo Finance: 2025-06-07 14:40:00

Rocket Lab Corp. (NASDAQ: RKLB) saw its share prices rise by 9.34% on Friday, closing at $28.92 as investors prepared for the launch of a new mission on Tuesday. The company is set to launch The Mountain God Guards mission for the Institute for Q-shu Pioneers of Space, Inc. (iQPS).

The mission will deploy a synthetic aperture radar imaging satellite to a 575-kilometer circular Earth orbit, joining the iQPS constellation to provide high-resolution images and Earth monitoring services globally. The launch will take place at Rocket Lab Corporation’s Launch Complex 1 in New Zealand, marking its 8th mission of the year.

Rocket Lab Corp. (RKLB) ranks 9th on the list of Friday’s best-performing stocks. While the company shows investment potential, some AI stocks may offer higher returns with limited downside risk. For more information on a cheap AI stock benefiting from Trump tariffs, check out our free report on the best short-term AI stock.

Read more: Why Rocket Lab Corp. (RKLB) Soared On Friday