Rocket Lab shares rose approximately 3% in Tuesday pre-market trading. This marks a potential third consecutive session of gains. Stocktwits message volume increased by over 1,000%.
The company recently extended a launch contract with Japanese firm iQPS. Rocket Lab systems also supported the Artemis II mission.
Sumitomo Mitsui Trust Group Inc. reduced its holdings by 13.6% in the fourth quarter. The institution sold 212,497 shares. Clear Creek Financial Management LLC cut its stake by 88%.