Is LUNR’s latest dip a dilution shock or overreaction?

Is LUNR’s latest dip a dilution shock or overreaction?

Intuitive Machines (LUNR) shares fell 16% after announcing a $175 million equity investment priced at $15.12 per share. The deal dilutes shareholders by about 9.7% but aims to fund higher-margin NASA and Golden Dome initiatives. Retail traders labelled the drop an overreaction as the company accelerates its space infrastructure expansion.

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