Why Intuitive Machines Stock Bounced Right Back Today
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.
Source Fool.com
