Shares of Intuitive Machines ( LUNR -22.69%) are falling on Monday. The company's stock plunged 23.3% as of 1:20 p.m. ET today and was down as much as 23.7% earlier in the day. The steep decline comes amid broader market weakness, with the S&P 500 down 2% and the Nasdaq Composite down 4%.

Intuitive Machines announced Friday that its second lunar mission has prematurely ended less than a day after its lander ended up on its side inside a shadowy crater. Its first lunar lander, which touched down just over a year ago,