Why Intuitive Machines Stock Soared Today
Intuitive Machines (NASDAQ: LUNR) stock rocketed higher in Monday's trading. The company's share price closed out the daily session up 8.3%, and had been up as much as 10.2% earlier in the day's trading. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) closed out the day up 0.7%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) ended the session up 1%.Intuitive Machines saw big valuation gains today after it was announced that lunar data center technologies from Lonestar Data had been successfully tested and integrated into its Athena lander for the upcoming IM-2 lunar mission. With today's gains, Intuitive Machines stock is now up roughly 297% over the last year.Lonestar Data published a press release this morning, announcing that the data center that it's built to operate on the moon had been embedded in Intuitive Machines' Athena lunar lander and delivered to Cape Canaveral, Florida, ahead of a fast-approaching lunar mission. Continue reading
Intuitive Machines (NASDAQ: LUNR) stock rocketed higher in Monday's trading. The company's share price closed out the daily session up 8.3%, and had been up as much as 10.2% earlier in the day's trading. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) closed out the day up 0.7%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) ended the session up 1%.
Intuitive Machines saw big valuation gains today after it was announced that lunar data center technologies from Lonestar Data had been successfully tested and integrated into its Athena lander for the upcoming IM-2 lunar mission. With today's gains, Intuitive Machines stock is now up roughly 297% over the last year.
Lonestar Data published a press release this morning, announcing that the data center that it's built to operate on the moon had been embedded in Intuitive Machines' Athena lunar lander and delivered to Cape Canaveral, Florida, ahead of a fast-approaching lunar mission.