RKLB.TO is trading at CA$16.22, up 3.18%, with optimism around Rocket Lab’s pending Iridium acquisition providing the clearest company-specific catalyst.

  • Iridium reported stronger-than-expected third-quarter results and improved its outlook for the combined business.
  • U.S. equities are higher, and October’s U.S. manufacturing PMI reached 56.0, above forecasts. These factors may support the advance, though their precise contribution to RKLB.TO’s move is not established.