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$4.8 Billion NASA Contract Sent Intuitive Machines Stock to the Moon
LUNRIntuitive Machines(LUNR) The Motley Fool·2024-09-28 12:08

Intuitive Machines stock ran up 50% last week -- and it's still a bargain. By now you've heard the news: Last week, NASA awarded Intuitive Machines (LUNR 10.03%) a contract to provide "GEO to Cislunar Relay Services" that will relay communications from Earth satellites (in geosynchronous orbits, or GEO) to the moon and back. The contract, which was awarded on Wednesday last week, sparked a massive rally in Intuitive Machines' stock price, which at one point was up 77%. The stock's given back some of its gai ...