After explosive gains yesterday, Rocket Lab (NASDAQ: RKLB) stock is coming down to Earth a bit in Thursday's trading. The company's share price was down 5.3% as of 2:45 p.m. ET. Following the big earnings-driven rally for Rocket Lab yesterday, Cathie Wood ...

Rocket Lab stock is on a roll as launch revenue rolls in and a new Neutron rocket promises to grow revenue even more. Rocket Lab ( RKLB 43.99%) stock lived up to its name this morning as shares were up 44% at 10:45 a.m. ET after an encouraging earnings report Tuesday evening.

Rocket Lab announced its first customer for its coming Neutron vehicle. The space infrastructure company reported third-quarter revenue increased to $104.8 million, up 55% from $67.6 million for the same period a year ago.