Intuitive Machines Investor Sold Stock on the Way Up. It Isn't What You Think. [MarketWatch]
Intuitive Machines, Inc. - Class A (LUNR)
Company Research
Source: MarketWatch
Want to see it on more articles? Give your feedback below or email product@barrons.com thumb-stroke-medium thumb-stroke-medium A SpaceX Falcon 9 rocket sent Intuitive Machines Odysseus lunar lander on its way to the Moon on Feb. 15. The lander touched down on the Moon's surface on Feb. 23. Gregg Newton / AFP via Getty Images Intuitive Machines had an epic week, completing the first American soft landing on the moon in roughly a half-century. Shares of the space start-up soared—allowing one early investor to sell stock on the way up. The reasons for the sale tell investors a lot about trading, investing, small capitalization stocks, and the realities of the stock market. Intuitive Machines stock started the month under $4 a share with about two million shares trading each day. The stock price, volatility, and trading volume increased materially as the company embarked on its first space mission. Advertisement Intuitive's Odysseus lunar lander left the Earth for the
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LUNR
News
- Intuitive Machines Announces Date for First Quarter 2024 Financial Results Conference CallGlobeNewswire
- Intuitive Machines, Inc. (NASDAQ: LUNR) had its "buy" rating re-affirmed by analysts at Roth Mkm. They now have a $15.00 price target on the stock.MarketBeat
- Intuitive Machines, Inc. (NASDAQ: LUNR) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $10.00 price target on the stock.MarketBeat
- Intuitive Machines-led Moon RACER Team Awarded NASA Lunar Terrain Vehicle Contract to Support the Agency’s Artemis CampaignGlobeNewswire
- Intuitive Machines, Inc. (NASDAQ: LUNR) had its price target lowered by analysts at Cantor Fitzgerald from $13.00 to $10.00. They now have an "overweight" rating on the stock.MarketBeat
LUNR
Sec Filings
- 4/29/24 - Form 8-K
- 4/23/24 - Form DEFA14A
- 4/23/24 - Form DEF
- LUNR's page on the SEC website