Why Intuitive Machines Stock Slipped on Tuesday
An executive order boosting the sector didn't have a lasting effect.The market's intuition on Tuesday was to sell out of Intuitive Machines (LUNR 1.08%). It and other space stocks took hits to their share prices, as numerous investors booked quick profits after a recent mini-rally in the sector. Space raceLast Thursday, President Trump issued a new executive order directing federal agencies involved in extraterrestrial activities to help make the U.S. dominant in space. Headlined "Ensuring America's Space ...