Why Osprey Technology Acquisition Stock Jumped on Thursday

Shares of Osprey Technology Acquisition Corp (NYSE: SFTW) jumped on Thursday. The stock rose as much as 34.7% but is up about 25% as of 1:30 p.m. EST.

The special purpose acquisition company (SPAC) is trading higher on news that it has entered an agreement to list BlackSky, a real-time geospatial intelligence company, on the New York Stock Exchange.

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Source Fool.com