Intuitive Machines (LUNR 14.51%) stock saw big gains in Wednesday's trading. The company's share price closed out the day's trading up 14.5% and had been up as much as 18.1% earlier in the session.
HOUSTON, March 10, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, announced today that it has completed the redemption of its outstanding warrants (the “Warrants”) to purchase shares of the Company's Class A common stock, $0.0001 par value per share (the “Class A Common Stock”), that remained unexercised at 5:00 p.m., New York City time, on March 6, 2025 (the “Redemption Date”) for a redemption price of $0.01 per Warrant (the “Redemption Price”).
Shares of Intuitive Machines (LUNR -23.55%) are falling on Monday. The company's stock plunged 23.3% as of 1:20 p.m.
Intuitive Machines is a leading space exploration company with significant growth, driven by major contracts and successful lunar missions, making it a strong buy opportunity. Despite recent stock dips, LUNR's 176% rise over six months and record backlog indicate robust future revenue growth. The space exploration sector is booming, with LUNR securing $4.8 billion in NASA contracts, enhancing its market position and long-term prospects.
Intuitive Machines, Inc. stock is crashing, down 70% from recent highs. The company's IM-2 mission ended in failure after the lander tipped over, the same fate suffered by IM-1. While short-term volatility should be expected, I think the long-term outlook for LUNR stock remains intact.
The Athena lander from Intuitive Machines could not charge its batteries after ending up on its side. It largely failed to accomplish science and technology tasks for NASA and other customers.
The stock of Intuitive Machines (LUNR -22.38%) is seeing intense sell-offs in Friday's trading. The lunar-lander company's share price was down 24.1% as of 1:15 p.m.
Space exploration stock Intuitive Machines Inc (NASDAQ:LUNR) is extending its selloff in a big way today.
Intuitive Machines' Athena moon landing may have suffered the same fate as its Odysseus lander last year and toppled over on the lunar surface.
Intuitive Machines' shares tumbled 34% in premarket trading on Friday after its second moon lander, Athena, appeared to have landed on its side, mirroring the company's first lunar landing attempt last year.