Intuitive Machines Announces New Stock Offering Amid Share Price Drop

Shares of Intuitive Machines (NASDAQ: LUNR) dropped 12.8% after the company announced plans to raise up to $500 million in new stock, which has historically led to investor sell-offs due to concerns over dilution.

By Rich Smith · Motley Fool ·

Intuitive Machines Announces New Stock Offering Amid Share Price Drop

Tickers: $LUNR

Topics: capital_raise dilution share_price_drop

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