The successful collision of a NASA spacecraft with an asteroid lifted space sector stocks before market open Tuesday.
Virgin Galactic Holdings Inc. SPCE, +1.20% is up 2.5% before market open, while rocket specialists Rocket Lab USA Inc. RKLB, +1.18% and Aerojet RocketDyne Holdings Inc. AJRD, +0.05% are up 3.8% and 2.5%, respectively. Momentus Inc. MNTS, +3.52%, which provides satellite transportation and servicing, is up 2.8%, while defense and aerospace giant Lockheed Martin Corp. LMT, -0.37% is up 1.8%.
Wow, people will literally cling to any good news to buy stocks.