Streetbeat News

LUNR

Intuitive Machines, Inc.

https://www.intuitivemachines.com

Industry

Aerospace & Defense

Intuitive Machines, Inc. manufactures and supplies space products and services. It offers space products and services to support sustained robotic and human exploration to the moon, mars, and beyond. It offers its products and services through business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure. The company was founded in 2013 and is based in Houston, Texas.

Open

10.12

Mkt cap

782M

Volume

37M

High

12.63

P/E Ratio

-73.06

52-wk high

14.90

Low

10.06

Div yield

N/A

52-wk low

2.09

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 2:14 pm

Jim Cramer discussed various companies on CNBC's 'Mad Money Lightning Round,' highlighting Zscaler as a good buy and expressing concerns about Unity Software. Super Micro Computer announced a $1.5 billion convertible notes offering. Disney reported strong earnings and a new share repurchase program. Intuitive Machines launched a lunar lander. Unity Software plans a significant workforce reduction. Ford reduced prices for its Mustang Mach-E in Canada.

Portfolio Pulse from Avi Kapoor

February 22, 2024 | 2:13 pm

Nvidia's Q4 earnings beat expectations with significant growth in Data Center and Gaming sectors, driving after-hours shares up 9.07%. Rivian missed EPS projections despite beating revenue estimates, leading to a 3.15% stock decline. Intuitive Machines' stock fell 15.20% amid its lunar lander mission. Etsy's stock rose 1.66% on optimistic growth initiatives despite mixed Q4 results. Tesla's stock increased by 0.52%, continuing to lead the EV market. The mixed performance of major U.S. indices saw the Dow up by 0.13%, while NASDAQ fell by 0.32%.

Portfolio Pulse from Benzinga Neuro

February 22, 2024 | 3:29 am

Intuitive Machines Inc (NASDAQ:LUNR) shares are experiencing volatility due to updates on its Moon landing mission. The company's Nova-C class lunar lander, launched on SpaceX's Falcon 9 rocket, is en route to the Moon and performed a precise lunar orbit insertion. The mission, part of NASA's Commercial Lunar Payload Services, is on track for a landing. High trading volumes and stock halts were noted, with volatility attributed to low float and high short interest. Fourth quarter financial results are anticipated soon, with expectations of a loss and specific revenue figures.

Portfolio Pulse from Adam Eckert

February 21, 2024 | 4:45 pm

Trading of Intuitive Machines shares has resumed, indicating a return to normal trading activities for the company.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 3:27 pm

Intuitive Machines' shares experienced a halt due to a circuit breaker triggered by a rapid upside movement, but the stock is currently down by 9.83%.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 3:23 pm

Intuitive Machines announced on X (formerly Twitter) that its spacecraft, Odysseus, successfully completed a crucial 408-second engine burn, entering a 92 km circular lunar orbit. The burn's accuracy was within 2 m/s, indicating a successful lunar orbit insertion.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 3:22 pm

Trading of Intuitive Machines shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 3:17 pm

Shares of Intuitive Machines were halted due to a circuit breaker trigger after plummeting by 20.8%. This significant drop in stock price indicates a sharp sell-off, but the reasons behind the sell-off are not mentioned in the article.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 3:07 pm

The article identifies five value stocks in the industrials sector based on low P/E multiples, indicating potential undervaluation. These include Mueller Industries (MLI), United Airlines Holdings (UAL), Euroseas (ESEA), Performance Shipping (PSHG), and Intuitive Machines (LUNR), with recent financial performance data provided for each. The significance of investing in value stocks is highlighted, noting the potential for rebound and the associated risks.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 2:41 pm

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