Space infrastructure and transportation company Stable Road Acquisition Corp (SRACU) stock was bought at $11.01 not that long ago. In the premarket as of this writing, SRACU is trading at $24.99. This represents a gain of 126%.
Make a note that the symbol will change to Momentus (MNTS) when the merger is complete. Since it is space and the market is controlled by the momo crowd, there is no limit to the imagination of the momo crowd and their gurus. They can easily run this stock up over $100. On the other hand, investors need to understand that the fair value of the company is about $6 and there are significant risks in any business related to space.