Streetbeat News

MNTS

Momentus Inc.

https://momentus.space

Industry

Aerospace & Defense

Momentus, Inc. engages in the provision of in-space infrastructure services. It offers space transportation and in-orbit servicing. The company was founded by Mikhail Kokorich in 2017 and is headquartered in Santa Jose, CA.

Open

1.71

Mkt cap

5.7M

Volume

378K

High

1.83

P/E Ratio

0.03

52-wk high

28.56

Low

1.68

Div yield

N/A

52-wk low

1.56

Momentus Inc. (NASDAQ:MNTS) announced a registered direct offering of 4,624,280 shares at $0.865 per share, aiming to raise approximately $4.0 million. The offering includes warrants with an exercise price of $0.74, exercisable immediately and expiring in five years. A.G.P./Alliance Global Partners is the placement agent for this offering, which is expected to close by March 7, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:00 pm

Momentus shares have experienced an increase in trading volume and price following the announcement of a contract award from NASA. This development is significant for investors as it represents a notable achievement for Momentus and could potentially lead to future opportunities and partnerships.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:55 pm

In Monday's after-market session, several industrials stocks saw significant movements. Momentus (MNTS) led the gainers with a 55.1% increase, while Royalty Management Holdings (RMCO) experienced the largest drop among the losers, falling 9.2%. Notably, AeroVironment (AVAV) saw a 16.99% rise following their Q3 earnings report.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 9:32 pm

Etsy shares fell by around 8% after reporting mixed Q4 financial results, missing earnings estimates but beating sales forecasts. Other stocks showed significant movements, with La Rosa Holdings, BuzzFeed, and Monopar Therapeutics among the top gainers, while Draganfly, Greenbrook TMS, and Synaptogenix led the losers. Notable movements were also seen in companies like Rivian Automotive, Lucid Group, and Sunnova Energy due to various announcements and financial results.

Portfolio Pulse from Avi Kapoor

February 22, 2024 | 6:38 pm

In Thursday's intraday session, several industrials stocks experienced significant movements. Notably, Roma Green Finance, FTI Consulting, and ACV Auctions were among the top gainers, with shares increasing by 17.7%, 17.61%, and 17.01% respectively. On the downside, Solidion Technology, Vast Renewables, and Fluence Energy led the losers, with their stocks falling by 17.6%, 15.7%, and 15.5% respectively. The movements were attributed to various factors including quarterly earnings reports.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 5:31 pm

NVIDIA Corporation (NASDAQ:NVDA) shares surged 14.3% in pre-market trading after reporting Q4 financial results that exceeded expectations and provided strong Q1 revenue guidance. Other stocks also moved significantly in pre-market trading, with notable gainers including Agile Therapeutics, BuzzFeed, and Elevai Labs, among others. On the losing side, Draganfly, Synaptogenix, and Bel Fuse experienced significant drops following various announcements.

Portfolio Pulse from Avi Kapoor

February 22, 2024 | 12:55 pm

In Thursday's pre-market session, several industrials stocks showed significant movement. Ultralife (ULBI) led the gainers with a 30.2% increase following its Q4 earnings report, while Addentax Group (ATXG) experienced the largest drop among the losers, declining by 26.5% after its Q3 earnings were announced. Other notable movers included Graphex Gr (GRFX), Pixie Dust Technologies (PXDT), and Zoomcar Holdings (ZCAR), each responding to market dynamics and recent earnings reports.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 1:05 pm

Shares of companies in the industrial sector are down due to a higher-than-expected rise in January inflation data, affecting investor sentiment and stock prices.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 8:38 pm

In Monday's after-market session, several industrials stocks showed notable movements. Amprius Technologies, Azul, Wheels Up Experience, Nauticus Robotics, Kforce, and Momentus were among the gainers, with increases ranging from 4.21% to 4.9%. On the downside, Symbotic, C3is, Pineapple Energy, Royalty Management Holdings, Agrify, and Greenland Technologies experienced declines between 3.86% and 19.4%. Kforce's rise followed its Q4 earnings release, while Symbotic's drop was linked to its Q1 earnings report.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 9:31 pm

In Friday's after-market session, several industrials stocks showed notable movements. Gainers included flyExclusive, AgEagle Aerial Sys, Li-Cycle Holdings, Planet Labs, Ault Alliance, and Urban-gro, with increases ranging from 2.65% to 4.4%. On the losing end, Nxu, JanOne, Byrna Technologies, Advent Technologies Hldgs, Nuvve Holding, and Momentus experienced declines between 3.8% and 4.7%.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 9:31 pm

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