Rocket Lab: $500M Raise, Mynaric Acquisition, and Lingering:

GehlotSunny
03-18
‌$Rocket Lab USA, Inc.(RKLB)$  ‌


Rocket Lab ($RKLB) is raising $500 million in capital by selling more shares, confirming earlier expectations that they needed more funding and would dilute existing shareholder value. This move is likely to finance a potential $200 million purchase of Mynaric AG, which would strengthen Rocket Lab's satellite technology and expand their European presence. However, this acquisition won't address Rocket Lab's ongoing problem of spending more money than they make (cash burn) and their low profit margins. While analysts don't recommend buying the stock, they also hesitate to strongly recommend selling it.


‌@TigerWire  ‌‌@Tiger_comments  ‌‌@Tiger Community  ‌‌@Daily_Discussion  ‌‌@TigerStars  ‌‌‌@TigerEvents  ‌

Palantir Hits $70: Is It the Next AI Multibagger?
On December 3rd, Palantir Technologies announced a new government security designation, allowing it to handle sensitive US government workloads in its cloud offering. Following the news, Palantir jumps 7% and hits new high of $71. ------------------- Is it the next AI multibagger? Will you hold Palantir for long term?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment