Space SPAC Sink: Terran Orbital Shares Plunge…

May 3, 2024

Shares of small satellite manufacturer Terran Orbital (NYSE: LLAP) plunged 17 percent in after-hours trading on Thursday after Lockheed Martin (NYSE: LMT) withdrew a $293 million offer to acquire the company.

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Douglas’s Substack

Space SPAC Sink: Terran Orbital Shares Plunge…