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Why Intuitive Machines Stock Bounced Right Back Today

Source: Motley Fool

2026-02-26 13:06:07 ET

Intuitive Machines (NASDAQ: LUNR) stock crashed 16% yesterday after announcing it will raise $175 million by selling stock to capitalize on its $4.8 billion NASA "Near Space Network" communications contract.

Today, the stock is bouncing back -- not all the way, but Intuitive is up 9.8% through 12:20 p.m. ET.

You can thank B. Riley for that.

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Intuitive Machines Inc.

NASDAQ: LUNR

LUNR Trading

4.61% G/L:

$18.60 Last:

8,184,403 Volume:

$17.70 Open:

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LUNR Latest News

LUNR Stock Data

$3,783,771,615
123,226,590
1.25%
91
N/A
Aerospace & Defense
Industrials
US
Houston

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