Why Intuitive Machines Stock Popped on Monday
Intuitive Machines(LUNR) The Motley Fool·2024-12-24 00:02
Intuitive Machines (LUNR 3.54%) stock started off the holiday-shortened week right, soaring more than 20% in early trading before quickly retreating to a 6.5% gain as of 10:10 a.m. ET.The reason: As Intuitive announced this morning, NASA has awarded it additional contracts for Near Space Network (NSN) direct-to-Earth communications services. Intuitive's big contractIf you recall, it was a NASA NSN contract that first lit the candle on this space stock back in September, driving up Intuitive shares 60% in a ...