Intuitive Machines stock whipsaws again as $175 million deal nears close — what LUNR traders watch next
Intuitive Machines shares dropped 2.3% to $17.26 Friday morning as investors awaited the closing of a $175 million private stock sale priced at $15.12 per share. The deal, expected to close Feb. 27, will fund satellite communications and data-network expansion. Analysts remain divided, citing NASA contract timing and dilution risks. The company plans to file a resale registration by April 1.
