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new stockThe Motley Fool
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82% Informative
Intuitive Machines ( NASDAQ : LUNR) went public by merging with a special purpose acquisition company ( SPAC ) on Feb. 14, 2023 .
Its stock started trading at $ 10 , skyrocketed to a record high of $ 81.99 , but now trades at about $9.99 .
At its peak, Intuitive Machine's enterprise value reached $1.48 billion , or 18 times the revenue it would generate in 2023 . Today , it's worth only $553 million , or 2.5 times revenue it's expected to generate this year .
The Motley Fool Stock Advisor analyst team identified what they believe are the 10 best stocks for investors to buy now and Intuitive Machines wasn’t one of them.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 744,197 !.
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