Momentus (MNTS) stock jumps 6% after securing a new Vigoride-9 contract with UC Boulder for a 2027 space weather mission.
Momentus Inc.
(NASDAQ:MNTS) stock rose more than 6% on Wednesday after the commercial space company announced a new contract for its Vigoride-9 orbital service vehicle.
The deal signals growing demand for in-space services.
The stock outperformed the broader market, with the S&P 500 ETF (NYSE:SPY) down 0.08%.
Small-cap stocks were stronger, however, as the Russell 2000 ETF (NYSE:IWM) gained 0.76%.
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