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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a move reflecting growing confidence in the technology and aerospace sectors, Nasdaq announced the inclusion of Astera Labs and Rocket Lab in the Nasdaq 100 index. Shares of both companies surged significantly in after-hours trading immediately following the announcement. This inclusion is a pivotal event for mid-cap companies, as it triggers mandatory buying from index-tracking funds, thereby enhancing liquidity and institutional visibility.
This inclusion comes at a time of robust growth for Rocket Lab, which reported 69% year-over-year revenue growth to $92.7 million in its Q1 2024 earnings report. Compared to its peers in the space sector, Rocket Lab stands out as one of the few to secure a spot in major indices, outperforming companies like Spire Global, which maintains a significantly lower market capitalization per market data.
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Sign InRegarding price action, RKLB closed at $105.05 on June 10, 2026, after hitting an intraday high of $111.96 per market data. Traders are now watching support levels near $104.41 to sustain the upward momentum. On the economic calendar, investors are monitoring upcoming Fed official speeches, including Governor Barr's speech on June 6, to gauge the impact of monetary policy on growth and tech stocks.