Workflow
Intuitive Machines Stock: Buy, Sell, or Hold?
LUNRIntuitive Machines(LUNR) The Motley Fool·2024-10-23 09:30

Will this speculative space stock soar higher or crash and burn? Over the past three years, many space-oriented start-ups went public by merging with special purpose acquisition companies (SPACs). A lot of those stocks initially soared as low interest rates, stimulus checks, the growth of commission-free trading platforms, and social media buzz drove many investors toward more speculative plays. Unfortunately, many of those space stocks crashed and burned after they broadly missed their pre-merger forecasts ...