Streetbeat News

MNTS

Momentus Inc.

Industry

Aerospace & Defense

Momentus Inc., together with its subsidiaries, operates as a commercial space company. The company focuses on providing in-space infrastructure services, including in-space transportation, hosted payloads, and in-orbit services. Its principal and target customers include satellite operators. The company is headquartered in San Jose, California.

Open

5.23

Mkt cap

181M

Volume

392K

High

6.46

P/E Ratio

0.11

52-wk high

30.24

Low

4.50

Div yield

N/A

52-wk low

4.50

Momentus Inc. has closed a $5 million offering priced at-the-market under NASDAQ rules, involving the sale of 800,000 shares and warrants to purchase an additional 800,000 shares.

Portfolio Pulse from

December 19, 2024 | 2:45 am

Momentus Inc. has signed a contract with SpaceX for a rideshare mission in 2026, where it will deploy defense and commercial payloads using its Vigoride Orbital Service Vehicle.

Portfolio Pulse from

December 17, 2024 | 1:45 pm

Momentus Inc. has announced a 1-for-14 reverse stock split of its Class A common stock, effective December 12, 2024. The stock will continue trading on Nasdaq under the symbol MNTS.

Portfolio Pulse from

December 09, 2024 | 10:30 pm

Several industrial stocks experienced significant intraday movements on Tuesday. Notable gainers included Zoomcar Holdings, Momentus, and SKK Holdings, while major losers were 1847 Holdings, Primega Group Holdings, and Janus Intl Gr, with the latter releasing its Q3 earnings.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 4:30 pm

U.S. Senator Jerry Moran has expressed concerns over the FAA's slow rocket launch licensing process, urging for regulatory efficiency improvements. This could impact companies involved in space launches.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 3:24 pm

Momentus has filed a prospectus with the SEC for the offer and sale of 20.5 million shares of Class A common stock by selling stockholders.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:11 pm

Momentus (NYSE:MNTS) has seen a significant increase in short interest, with 5.56% of its float sold short, up 67.98% since the last report. This is higher than the peer group average of 3.65%, indicating bearish sentiment. However, high short interest can sometimes be bullish if it leads to a short squeeze.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 2:45 pm

The article reports on the after-market session movements of various industrial stocks. Notable gainers include Northann, Staffing 360 Solutions, and JB Hunt Transport Services, with JB Hunt's rise linked to its Q3 earnings report. Losers include WANG & LEE Group and Energy Vault Holdings.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 8:30 pm

The article reports on the after-market movements of several industrial stocks. Simpple (SPPL) saw the largest gain, rising by 20.9%, while Momentus (MNTS) experienced the largest decline, falling by 6.3%. Other notable movements include Aqua Metals (AQMS) up by 4.35% and noco-noco (NCNC) down by 5.55%.

Portfolio Pulse from Benzinga Insights

October 11, 2024 | 8:31 pm

Aehr Test Systems shares surged 14% in pre-market trading after reporting better-than-expected Q1 earnings and revenue. Several other stocks, including NewGenIvf Group and ZenaTech, also saw significant pre-market movements.

Portfolio Pulse from Avi Kapoor

October 11, 2024 | 10:20 am

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