ROKT is trading 7% higher today, tracking a broad market rebound and renewed confidence in the defense and aerospace sectors.
- Broad market optimism is lifting risk assets as S&P 500, Nasdaq, and Dow futures trend higher ahead of key U.S. jobs data.
- Sentiment in the industrial sector is bolstered by the recent $35B Lockheed Martin THAAD contract, highlighting robust demand for defense and infrastructure.
- Easing geopolitical risk premia is further supporting the upward move in pre-market trading.