Why Intuitive Machines Stock Rocketed 24% Skyward on Thursday
LUNRIntuitive Machines(LUNR) The Motley Fool·2024-09-20 05:36

There's nothing like a potentially massive government contract to win the hearts of both investors and analysts.The stock of space exploration company Intuitive Machines (LUNR 24.23%) strongly defied gravity on Thursday. It closed the day more than 24% higher, thanks in no small part to news of a major price-target increase from an analyst. That move came mere days after the company delivered some of the best news it's ever reported.Over the moon about NASA's moon contractThe raise was enacted by B. Riley's ...