LB Select
2024.02.21 11:26
portai
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WSB hot topic | Short-term surge of 500%! Lunar probe company LUNR is soaring to the sky!

After half a century since Apollo landed on the moon, a private lunar lander has launched into space again. LUNR surged 50% overnight and continued to rise by over 20% in pre-market trading.

NVIDIA continues to dominate the popularity rankings, taking the top spot. The latest earnings report will be released after the market closes on the 21st, attracting significant market attention. Analysts are generally optimistic, but a few are concerned that expectations may be too high.

The rising star in AI, SMCI, ranks second in popularity. It experienced a sharp drop of nearly 14% overnight, but recovered to only a 2% decline by the closing bell.

Cybersecurity company PANW ranks fourth in popularity. Its performance fell short of expectations, leading to a 24% plunge before the market opened. For more details, please refer to: Understanding the Market | Why did "AI Bull Stock" Palo Alto Plunge Over 20% After Hours?

Private lunar probe developer LUNR ranks fourth in popularity. It surged by 50% overnight and continued to rise by over 20% before the market opened. Since New Year's Day, its stock price has increased nearly fivefold, making it one of the highest gainers in the U.S. stock market.

A year ago, LUNR landed on the Nasdaq through a SPAC merger, but its stock price has been declining ever since. Earlier this year, LUNR hit a historic low of $2.089 per share. Unexpectedly, in just over a month, it has surged nearly fivefold from its low point, as they say in the crypto world, "To the moon!"

On the news front, the lunar lander "Odysseus" developed by LUNR has successfully completed several key milestones in the IM-1 mission. One crucial stage was when Odysseus successfully started its engine to adjust its trajectory to stay on target.

LUNR is also getting closer to a successful moon landing. The lunar lander "Odysseus" has achieved several key milestones in the IM-1 mission. One significant stage was when Odysseus successfully started its engine to adjust its trajectory to stay on target.

Last Thursday (January 15th), SpaceX's "Falcon 9" rocket, led by Elon Musk, launched Odysseus from the Kennedy Space Center in Florida. According to the latest update on the LUNR official website, Odysseus remains in good health and is preparing to enter the moon's orbit on Wednesday, marking the "biggest challenge of the mission so far."

For more information, please see: Private Lunar Lander Launches into Space Half a Century After the Last Apollo Moon Mission

Concept stocks related to Tesla, AMD, and NVIDIA, such as SOUN, are also making waves. Data Source: apewisdom, the most discussed stocks in the past 24 hours

Note:

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Risk Warning:

Stocks hotly discussed on WSB may experience significant fluctuations due to retail investors' pursuit or abandonment, especially for small companies (such as GameStop and AMC in 2021). Please be aware of the risks.