LUNR is trading 12.2% down today at $40.12 as investors lock in gains following a significant two-day surge.

  • The recent rally was sparked by Roth Capital raising its price target on the stock from $50 to $75 while maintaining a Buy rating.
  • Today's decline is attributed to short-term profit-taking and share price normalization rather than any negative company-specific developments or broader market selloff.