Intuitive Machines Stock Jumps 20% Ahead of Earnings: Why LUNR Is Back in the Space-Race Trade
Intuitive Machines shares surged 20.2% to $28.97 on Friday, with trading volume and call options activity spiking ahead of its May 14 earnings report. Options traders bought 16,864 call contracts, double the usual level. The rally followed gains in other space stocks, including Rocket Lab, which jumped 34.2% after strong results. Intuitive Machines last reported a $59.7 million quarterly loss on $44.8 million revenue.