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Ahead of Rocket Lab Earnings, Here's What Barchart Data Says Comes Next for RKLB Stock
['Wajeeh Khan', 'Mon', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
The front of a Rocket Lab corporate office by Emagnetic via ShutterstockRocket Lab (RKLB) shares are inching lower ahead of the space infrastructure firm's Q2 earnings scheduled to be released today after market close.
Options Data Suggests RKLB Shares Will Rally After EarningsOn the plus side, options traders believe the Q2 release will help RKLB stock recover at least some of its recent losses in the days ahead.
Is It Worth Investing in Rocket Lab Stock Ahead of Q2 Print?
Heading into the quarterly release, Rocket Lab shares are trading below their 50-day and 100-day moving averages (MAs), indicating the broader downtrend remains intact.
How Wall Street Recommends Playing Rocket LabInvestors should also note that Wall Street analysts seem to agree with options pricing for RKLB shares.