Should You Buy Intuitive Machines Stock While It's Below $20?
Portfolio Pulse from
Intuitive Machines (LUNR), a producer of lunar landing vehicles, went public via SPAC in February 2023. Its stock initially surged to $81.99 but fell to around $2 by early 2024.
December 11, 2024 | 12:30 pm
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NEUTRAL IMPACT
Intuitive Machines' stock, after a volatile start post-SPAC merger, has significantly declined from its peak. Investors are considering if it's a buy below $20.
The stock's dramatic rise and fall post-SPAC merger indicates high volatility and risk. The current low price may attract investors looking for a bargain, but the past performance suggests caution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100