Why Astra Space Stock Rocketed Higher This Week

·2 min read
Why Astra Space Stock Rocketed Higher This Week

Astra Space (NASDAQ: ASTR) believes it knows what went wrong during a failed test launch, and the company is preparing to try again. Astra Space, which joined public markets back in July via a merger with a special purpose acquisition company (SPAC), saw its shares plunge in August after a failed test launch. Space testing is hard, and some setbacks are to be expected.

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