A Blue Origin rocket exploded. Intuitive Machines dropped 13% the next day. If you think those two things are connected in any meaningful way, this article is for you.
They’re not the same company. They’re not even in the same business. But in a hot sector, fear spreads fast and logic gets left behind.
That’s a market overreaction. And market overreactions, historically, create opportunities for people paying attention.
This post originally appeared at Money Morning.