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Stock impact report

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Intuitive Machines, Inc. (LUNR)

Intuitive Machines, Inc. - Class A (LUNR) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Intuitive Machines, Inc. (“Intuitive Machines” or the “Company”) (NASDAQ:LUNR). The investigation concerns whether Intuitive Machines and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.[Click here to learn more about the investigation]On February 22, 2024, Intuitive Machines’ Odysseus lunar lander reached the surface of the Moon, making Intuitive Machines the first private company to land on the Moon. On February 23, 2024, Intuitive Machines revealed that the Odysseus lander had “tipped over on touchdown” and was laying on its side, with subsequent reports asserting that contact with the lander would cease sooner than expected, and that the spacecraft’s mission would be cut short. On this news, the price of Intuitive Machines shares declined by $3.32 per share, or approximately 34.6%, from $9.59 per share Show less Read more
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