![]() who has a buy rating and 7 price target on ASTR wrote in a. The stock was earlier temporality halted before it resumed trading and was. As the competition blasts further and further ahead of Astra, it's easy to see why Bank of America would be pessimistic about Astra's chances of ever catching up. An Astra (ASTR) Rocket 3.3 carrying three payloads. ![]() In contrast, Astra's latest attempt at reaching orbit fell short last month - its sixth failure in a row. If you experience any issues with this process, please contact us for further assistance. ![]() You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Astra rocket launch failure traced to issues with payload fairing, software. It has as many as four more launches in the hopper for later this month, according to our friends at Next Spaceflight. At Rocket Lab, we promise to treat your data with respect and will not share your information with any third party. Astra thinks it knows what went wrong during last months failed flight. Rocket Lab has been even busier, notching 21 successful space launches since its first one back in May 2017. Virgin Orbit repeated the feat in June and there are plans for a third launch later this year, followed by an IPO via a special purpose acquisition company (SPAC). Get the latest Rocket Lab USA Inc (RKLB) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. It's been nine months now since Virgin Orbit completed its first-ever orbital launch of a satellite to space. This was its second rating overall since Deutsche Bank became the first analyst to cover it back in July (with a buy rating, as reported at the time).īack then, Deutsche endorsed Astra as "the first pure rocket launch company to go public," arguing the shares offered "a unique value proposition in the marketplace." But demurring from Deutsche's point of view, Bank of America today tagged Astra with an "underperform" rating, warning that it sees limited upside in the shares based on the fact that Astra is already "several paces" behind rivals, such as Rocket Lab and Virgin Orbit, as reported today. Astra, Rocket Lab and California-based Virgin Orbit are among the only startups that have. Specifically, the new space stock picked up its first sell rating on Wall Street. The flight sent the company’s stock price on a tear soaring more than 30 at one point after.
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