Intuitive Machines stock skyrockets, has tripled in 3 days after SPAC merger completed

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Shares of Intuitive Machines Inc. appropriately skyrocketed 146.0% in afternoon trading, making them the best performer among those listed on major U.S....

Shares of Intuitive Machines Inc.

appropriately skyrocketed 146.0% in afternoon trading, making them the best performer among those listed on major U.S. exchanges, and have tripled in the three days since the space exploration company went public. The company’s merger with special purpose acquisition company Inflection Point Acquisition Corp. was completed on Feb 13. Starting Feb. 14, the company, with the new name “Intuitive Machines Inc.” started trading on the Nasdaq.

appropriately skyrocketed 146.0% in afternoon trading, making them the best performer among those listed on major U.S. exchanges, and have tripled in the three days since the space exploration company went public. The company’s merger with special purpose acquisition company Inflection Point Acquisition Corp. was completed on Feb 13. Starting Feb. 14, the company, with the new name “Intuitive Machines Inc.” started trading on the Nasdaq.

have climbed 14.7% over the past three months, the ARK Space Exploration & Innovation exchange-traded fund ARKX has advanced 7.6% and the S&P 500 SPX has gained 4.3%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto Miner CleanSpark Extends Bear-Market Strategy, Buying 20K of Bitmain's Newest RigsBitcoin miner CleanSpark_Inc buys 20,000 Antminer S19j Pro+, which will add 37% to its hashrate. egreechee reports CleanSpark_Inc egreechee Screw Cleanspark I got this because of them. Thank you Lalo and Dewayne leaving an exposed wire from the 270v feed to the PDU. No compensation, made me work 3 days later, couldn't walk due to getting injured, couldn't provide workmans comp, was rejected from civilian hospital 1/x CleanSpark_Inc egreechee How many solar panels does all that take to run?
Source: CoinDesk - 🏆 291. / 63 Read more »