Home » Intuitive Machines Stock Is In Free Fall Thursday: What’s Going On?

Intuitive Machines Stock Is In Free Fall Thursday: What’s Going On?

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Intuitive Machines Inc (NASDAQ:LUNR) shares are extending losses from the regular session in after-hours Thursday after the company’s moon lander experienced technical issues during its attempted moon landing.

What Happened: Intuitive Machines shares fell more than 20% on Thursday after the company’s IM-2 mission Nova-C class lunar lander “Athena” experienced some issues around the time it was scheduled to touch down on the moon’s surface.

The selloff in shares accelerated after the market close as the company and NASA held a press conference to provide updates on the IM-2 mission.

“We’ve been very …

Full story available on Benzinga.com

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