Today: 20 March 2026
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NYSE:MDA 17 January 2026

Intuitive Machines stock surges 11% after Morgan Stanley turns upbeat on space — what to watch next week

Intuitive Machines stock surges 11% after Morgan Stanley turns upbeat on space — what to watch next week

Intuitive Machines shares jumped 10.7% Friday to close at $21.58 after news of its $800 million Lanteris acquisition and a bullish Morgan Stanley sector call. Trading volume hit 19.6 million shares. U.S. markets will close Monday for Martin Luther King Jr. Day, with trading set to resume Tuesday. Morgan Stanley also upgraded Rocket Lab and MDA, while downgrading Iridium.

Stock Market Today

  • Natural Gas Prices Rally Amid Iran Strikes and Global Supply Concerns
    March 20, 2026, 1:14 AM EDT. Natural gas prices rose sharply on Thursday, with April Nymex futures closing up 3.3%. The surge followed a spike in European prices to a three-year high after Iran's attacks damaged 17% of Qatar's Ras Laffan LNG export capacity - the world's largest gas export plant. Repair work could take three to five years, tightening global supply. Despite the rally, U.S. natural gas inventories increased by 35 billion cubic feet last week, well above the five-year average decline, tempering gains. Weather forecasts showed mixed signals, with warmer trends in the western and southern U.S. but colder patterns in the east. Meanwhile, U.S. dry gas production rose 5.2% year-on-year, with electricity output also up 4.1% year-on-year, underlining demand growth. The closure of the Strait of Hormuz adds further strain on global gas supply, supporting prices.
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