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Why Intuitive Machines Stock Popped Then Dropped

TheMotleyFool

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SpaceX IPO excitement is reaching a fever pitch, driving space stocks sharply higher Monday morning -- temporarily.

Intuitive Machines (NASDAQ: LUNR) stock, the company that returned America to the moon in 2024 and that reported soaring sales last week, jumped nearly 14% out of the gate this morning before reversing and giving back all its gains. As of 10:40 a.m. ET, Intuitive shares are actually down 2%.

Image source: Getty Images.

Source Fool.com

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