Intuitive Machines (LUNR) Slashes 15.9% on $175-Million Share Sale Plan [Yahoo! Finance]
Intuitive Machines, Inc. - Class A (LUNR)
Company Research
Source: Yahoo! Finance
We recently published 10 Stocks Left Behind in a Roaring Market . Intuitive Machines Inc. (NASDAQ:LUNR) was one of the worst performers on Wednesday. Intuitive Machines declined by 15.93 percent on Wednesday to finish at $15.89 apiece as investors disposed of positions amid the dilution potential of its plans to raise $175 million from a share sale. In a statement on the same day, Intuitive Machines Inc. (NASDAQ:LUNR) said that the strategic equity investment would be led by global institutional investors, proceeds of which will be used 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 on Friday, February 27. Intuitive Machines (LUNR) Slashes 15.9% on $175-Million Share Sale Plan Additionally, Intuitive Machines Inc. (NASDAQ:LUNR) intends to invest in expanding its Near Space Network Services (N
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News
- Intuitive Machines (LUNR) Jumps 11% as Analyst Firms up ‘Buy' Reco [Yahoo! Finance]Yahoo! Finance
- Why Intuitive Machines Stock Bounced Right Back Today [Yahoo! Finance]Yahoo! Finance
- Intuitive Machines (LUNR) had its "buy" rating reaffirmed by Roth Mkm.MarketBeat
- Why Intuitive Machines Stock Crashed Today [Yahoo! Finance]Yahoo! Finance
- Intuitive Machines Advancing Satellite Communications and In-Space Data Processing Capabilities with $175 Million Strategic Investment [Yahoo! Finance]Yahoo! Finance
LUNR
Sec Filings
- 2/27/26 - Form 8-K
- 2/26/26 - Form S-1/A
- 2/25/26 - Form 8-K
- LUNR's page on the SEC website