Mynaric AG

Mynaric MYNA stock tanks after slashing revenue guidance, CFO exit

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Mynaric MYNA stock tanks after slashing revenue guidance, CFO exit

A rendering of the company’s laser communications system on satellites in orbit. Mynaric Space stock Mynaric tanked in trading Tuesday after the company announced heavy cuts to its previous revenue forecast and the departure of the company’s chief financial officer. Germany-based Mynaric slashed its 2024 revenue guidance nearly 70% at the midpoint, cutting its previous … Read more

What to make of SpaceX selling satellite lasers

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Mynaric MYNA stock tanks after slashing revenue guidance, CFO exit

A rendering of the company’s laser communications system on satellites in orbit. Mynaric CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the most important companies reaching new heights. Sign … Read more