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Why Intuitive Machines Stock Slipped on Tuesday


The market's intuition on Tuesday was to sell out of Intuitive Machines (NASDAQ: LUNR). It and other space stocks took hits to their share prices, as numerous investors booked quick profits after a recent mini-rally in the sector.

Last Thursday, President Trump issued a new executive order directing federal agencies involved in extraterrestrial activities to help make the U.S. dominant in space.

Image source: Getty Images.

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Source Fool.com

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