Rocket Lab overtakes Air New Zealand as Sharesies investors regain confidence
Space company Rocket Lab has overtaken Air New Zealand among users of the popular investment platform Sharesies, becoming the most widely held stock. Investor interest in the space sector also extended to SpaceX, which entered the Sharesies Bundle for the first time.
Space company Rocket Lab has overtaken Air New Zealand among users of Sharesies, New Zealand's popular investment platform, becoming the most widely held stock. The shift signals a return of confidence in the space sector among retail investors.
Interest in the sector was not limited to Rocket Lab: SpaceX was also added to the Sharesies Bundle for the first time, opening it up to platform investors. The move is being seen as a sign of broad-based investor interest in space and defence-technology companies.
Analysts say the shift reflects a wider trend in retail investor behaviour in New Zealand, moving away from traditional airline and infrastructure stocks toward growth-focused technology and space companies.
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