Odysseus Has Landed On The Moon: What's Going On With Intuitive Machines Stock?
Portfolio Pulse from Erica Kollmann
Intuitive Machines, Inc. (NASDAQ:LUNR) shares surged after its Odysseus spacecraft successfully landed on the Moon, marking the first U.S. soft landing since 1972. The achievement has sparked significant interest, with the stock gaining over 240% in the past month. A press conference is scheduled to discuss further details. Despite the recent success, a long-term stock forecast based on past performance suggests a potential annualized return of -3.02%, projecting a stock price of $9.27 in five years.
February 23, 2024 | 4:03 pm
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Intuitive Machines' stock surged following the successful moon landing of its Odysseus spacecraft, with a significant increase in stock price and social media attention.
The successful moon landing by Intuitive Machines has generated significant investor and social media interest, leading to a sharp increase in its stock price. However, the long-term forecast based on past performance suggests caution, indicating that the current surge might not be sustainable over the long term.
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