Rocket Lab USA Inc’s recently made public that its Director Slusky Alexander R unloaded Company’s shares for reported $1.21 million on Dec 02 ’24. In the deal valued at $24.28 per share,50,000 shares were sold. As a result of this transaction, Slusky Alexander R now holds 584,675 shares worth roughly $14.43 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Slusky Alexander R sold 50,000 shares, generating $1,150,080 in total proceeds. Upon selling the shares at $23.00, the Director now owns 534,675 shares.
Before that, Slusky Alexander R bought 100,000 shares. Rocket Lab USA Inc shares valued at $2,301,000 were divested by the Officer at a price of $23.01 per share.
JMP Securities initiated its Rocket Lab USA Inc [RKLB] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid July from “an Overweight” to “an Equal-weight”. BTIG Research began covering RKLB with “Neutral” recommendation on June 26, 2024. Goldman started covering the stock on June 11, 2024. It rated RKLB as “a Neutral”.
Price Performance Review of RKLB
On Friday, Rocket Lab USA Inc [NASDAQ:RKLB] saw its stock jump 3.18% to $24.68. Over the last five days, the stock has lost -9.53%. Rocket Lab USA Inc shares have risen nearly 346.29% since the year began. Nevertheless, the stocks have risen 453.36% over the past one year. While a 52-week high of $28.10 was reached on 12/02/24, a 52-week low of $3.47 was recorded on 04/16/24. SMA at 50 days reached $14.88, while 200 days put it at $7.41.
Levels Of Support And Resistance For RKLB Stock
The 24-hour chart illustrates a support level at 23.74, which if violated will result in even more drops to 22.80. On the upside, there is a resistance level at 25.31. A further resistance level may holdings at 25.94. The Relative Strength Index (RSI) on the 14-day chart is 69.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.51%. Stochastics %K at 61.11% indicates the stock is a holding.
How much short interest is there in Rocket Lab USA Inc?
A steep rise in short interest was recorded in Rocket Lab USA Inc stocks on 2024-11-15, dropping by -8.39 million shares to a total of 53.74 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 62.13 million shares. There was a decline of -15.61%, which implies that there is a negative sentiment for the stock.
