LUNR is trading 16.5% up at $40.60 as shares stage a sharp rebound from yesterday's selloff triggered by a NASA contract disappointment.
- The stock dropped 8.89% to $34.86 in the prior session after NASA awarded a key lunar rover contract to rival teams, sparking heavy volatility.
- Today's pre-market strength suggests investors are reassessing the long-term impact of the single contract loss amid broader bullish sentiment for lunar missions.
- The recovery follows initial after-hours buying as the market stabilizes following the sharp reaction to the NASA news.