Intuitive Machines Stock Plummets

This is a news story, published by MSN, that relates primarily to Nvidia news.

Nvidia news

For more Nvidia news, you can click here:

more Nvidia news

stocks trading & speculation news

For more stocks trading & speculation news, you can click here:

more stocks trading & speculation news

MSN news

For more news from MSN, you can click here:

more news from MSN

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like stocks trading & speculation news, you might also like this article about

cap space stock

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest stock news, hypergrowth stock news, stocks trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

new stock

The Motley Fool

•

Where Will Intuitive Machines Stock Be in 3 Years?

Summary

Nutrition label

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 !.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech