Where Will Intuitive Machines Stock Be in 3 Years?
Intuitive Machines(LUNR) The Motley Fool·2024-10-02 09:55
The lunar vehicle maker is a high-risk play with high potential rewards. Intuitive Machines (LUNR -5.96%), a developer of lunar landing and exploration vehicles, went public by merging with a special purpose acquisition company (SPAC) on Feb. 14, 2023. The combined company's stock started trading at $10, skyrocketed to a record high of $81.99 on Feb. 22, but now trades at about $9. The bulls were initially dazzled by Intuitive Machines' rosy outlook. But like many other SPAC-backed companies, its stock coll ...