Intuitive Machines ( (LUNR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Intuitive Machines’ stock is on the rise due to a surge in call option activity and increased implied volatility. Investor confidence has been bolstered by the company’s recent $30 million acquisition of KinetX and the achievement of CMMI Maturity Level 3 for software development.
More about Intuitive Machines
YTD Price Performance: -36.59%
Average Trading Volume: 8,074,999
Technical Sentiment Signal: Buy
Current Market Cap: $2.19B
For further insights into LUNR stock on TipRanks’ Stock Analysis page.
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