24H｜Space Stocks Jump. Rocket Lab up 8%; Destiny Tech100 up 3%; Virgin Galactic up 2%

Space stocks jumped in overnight trading. Rocket Lab rose 8%; Destiny Tech100 rose 3%; Virgin Galactic up 2%; Redwire up 1%.

Rocket Lab Corporation (RKLB) rallied after reporting Q3 results ahead of expectations.

Revenue was up 48% year-over-year to $155.1 million to set a quarterly record. During the quarter, the company secured 17X Electron launch contracts. Rocket Lab (RKLB) said it is also set to surpass its previous annual launch record in the fourth quarter, and remains on track to close out the year with more than launches.

Rocket Lab (RKLB) narrowed its Q3 EPS loss to -$0.03 from -$0.10 a year ago.