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Stock impact report

Why Intuitive Machines Stock Popped 12%, Then Dropped, Today [Yahoo! Finance]

B. Riley Financial, Inc. (RILY) 
NASDAQ:AMEX Investor Relations: ir.brileyfin.com/investor-relations
Company Research Source: Yahoo! Finance
It seems someone on Wall Street was paying attention. This morning, shares of one of my three space stock picks , lunar lander specialist Intuitive Machines (NASDAQ: LUNR) , surged 12% on a new buy recommendation from investment bank B. Riley. The stock has turned around and resumed falling again, however, and as of 12:20 p.m. ET is now down 4% from Thursday's close. What's up with that? Riley recommends Intuitive Machines In its note, Riley recommended buying Intuitive Machines at its current sub-$4 price tag, predicting the stock will more than double over the next 12 months to $8 per share. And why? First, because Intuitive Machines (mostly) successfully put an American lander on the moon earlier this year, for the first time since the Apollo era. Second, because this success demonstrates Intuitive Machines' "superior capabilities ... relative to other competitors." And third? As reported on StreetInsider.com, Riley believes the fact that Intuitive Machines is "led by f Show less Read more
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