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Stock impact report

Intuitive Machines (LUNR) Jumps 11% as Analyst Firms up ‘Buy' Reco [Yahoo! Finance]

Intuitive Machines, Inc. - Class A (LUNR) 
Company Research Source: Yahoo! Finance
We recently published Wall Street Can't Keep Up: 10 Big Names on a High . Intuitive Machines Inc. (NASDAQ:LUNR) was one of the best performers on Thursday. Intuitive Machines rebounded by 11.20 percent on Thursday to finish at $17.67 apiece, after an investment firm reiterated an optimistic coverage for the stock. In a market report, B. Riley reaffirmed its “buy” recommendation and $25 price target, marking a 41 percent upside potential from its latest closing price. This followed the listed firm's ongoing $175 million share sale, as it aims to raise funds to support revenue expansion and investment in technologies to advance communications and data processing networks, including extending flight-proven satellite platforms into those growth markets. The transaction is expected to close tomorrow, February 27. Intuitive Machines (LUNR) Jumps 11% as Analyst Firms up 'Buy' Reco Additionally, Intuitive Machines Inc. (NASDAQ:LUNR) intends to invest in expanding its Near Space Net Show less Read more
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