24H | Space Stocks Jump Again With DXYZ up 6%; MillerKnoll Sinks 16% After Earnings

Tiger Newspress
03/26

Space stocks and Funds jumped again in overnight trading. SpaceX is aiming to file its initial public offering prospectus with regulators later this week or next week, The Information reported on Tuesday, ​citing a person with direct knowledge of the plans.

Destiny Tech100 rose 6%; Momentus and Sidus Space rose 4%; EchoStar and Voyager Technologies rose 3%; Firefly Aerospace rose 2%; Virgin Galactic and BlackSky Technology rose 1%.

MillerKnoll, the furniture stock plunged 16.1% in overnight trading. MillerKnoll posted fiscal third-quarter adjusted earnings of 43 cents on revenue of $926.6 million. That reflected a year-over-year decline of 2% for adjusted earnings and an increase of 6% for revenue. The company warned of a roughly $8 million to $9 million impact in the fourth quarter tied to the Middle East conflict, stemming from minimal expected shipments to that part of the world as well as higher logistics costs.

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