El impulso se hunde un 43%: la división inversa provoca turbulencias en el sector aeroespacial

Summary
• Momentus Inc. (NASDAQ: MNTS) slumps 43.43% intraday to $0.4752, its lowest since 2025-12-15.
• A 1-for-17.85 reverse stock split, effective Dec. 17, triggers immediate market volatility.
• Technicals show a short-term bullish trend but long-term bearish bias, with RSI at 65.52 and MACD signaling bearish momentum.

Today’s collapse in Momentus shares underscores the market’s skepticism toward the reverse stock split, a move designed to prop up the stock price to meet Nasdaq’s $1.00 minimum bid requirement. The split reduces outstanding shares from 25 million to 1.4 million, yet the stock’s intraday range of $0.4426–$0.60 highlights extreme fragility. Investors are now scrutinizing whether this structural change can reverse the company’s downward spiral.

Reverse Split Triggers Investor Flight
Momentus’ 43.43% intraday plunge is directly tied to its 1-for-17.85 reverse stock split, announced to comply with Nasdaq’s $1.00 minimum bid price rule. While the split aims to consolidate shares and theoretically boost the stock’s appeal, the market interpreted it as a desperate measure to avoid delisting. The move, approved by shareholders in September, reduces liquidity by slashing outstanding shares from 25 million to 1.4 million. However, the stock’s 52-week low of $0.4426—now nearly matched—suggests investors view the split as a cosmetic fix rather than a catalyst for sustainable value. Fractional share rounding and warrant adjustments further complicate the narrative, eroding confidence in the company’s ability to stabilize its valuation.

Aerospace Sector Mixed as Boeing Gains Amid Momentus' Plunge
The Aerospace & Defense sector remains fragmented, with Boeing (BA) bucking the trend by rising 0.357% intraday. While Momentus’ reverse split signals distress, Boeing’s modest gains reflect resilience in defense contracting and geopolitical demand for military aviation. The sector’s broader dynamics—driven by U.S. defense spending and space infrastructure projects—highlight a stark contrast to Momentus’ precarious position. Investors are increasingly favoring established players like Boeing over speculative space ventures, underscoring the sector’s risk-averse sentiment.

Navigating the Technical Quagmire: ETFs and Short-Term Plays
• 200-day average: 1.428 (far above current price)
• RSI: 65.52 (neutral but bearish bias)
• MACD: -0.034 (bearish divergence)
• Bollinger Bands: 0.926 (upper), 0.727 (middle), 0.527 (lower)—price near lower band

Momentus’ technicals paint a grim picture. The stock is trading well below its 200-day moving average and within the lower Bollinger Band, signaling oversold conditions. However, the RSI’s 65.52 reading suggests limited upside momentum. Traders should focus on key support/resistance levels: the 30-day support of $0.61–$0.62 and the 200-day resistance of $1.17–$1.21. Given the absence of options liquidity, leveraged ETFs (if available) could offer exposure, though none are listed. A short-term bearish stance is warranted, with a watch on the 52-week low for further breakdowns.

Backtest Momentus Stock Performance
The backtest of MNTS's performance after a -43% intraday plunge from 2022 to now reveals a mixed outlook. While the ETF has experienced a maximum return of -0.31% during the backtest period, with a 3-day win rate of 41.95%, a 10-day win rate of 35.99%, and a 30-day win rate of 43.76%, the overall trend has been negative, with returns of -1.55% over 3 days, -4.72% over 10 days, and -3.88% over 30 days. This suggests that while there have been brief periods of recovery, the ETF has largely struggled to regain lost ground in the aftermath of the significant intraday plunge.

A Race Against Time: Will Momentus Survive the Split?
Momentus’ reverse split is a high-stakes gamble to avoid delisting, but the stock’s 43.43% intraday collapse reveals deep-seated skepticism. Technical indicators and sector dynamics suggest the move is unlikely to reverse the long-term downtrend. Investors should monitor the 52-week low of $0.4426 and the 200-day average of $1.428 as critical benchmarks. Meanwhile, Boeing’s 0.357% gain underscores the sector’s preference for stability over speculative plays. For Momentus, survival hinges on immediate liquidity and a credible turnaround strategy—watch for regulatory updates and trading volume spikes as early signals.