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Rocket Lab stock price has gone parabolic, rising in the last five consecutive weeks, and reaching its highest level since November 2021. The RKLB share price has jumped by 320% from its lowest level this year,

Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) jumped 53.4% in the morning session after the company reported impressive third-quarter results and provided an optimistic EBITDA forecast for the next quarter,

Rocket Lab reported another quarterly loss last week -- and investors didn't mind it a bit. Promises to double Q3's revenue growth rate in Q4, and strong demand for Electron launches have investors betting on Rocket Lab's success.