Why Spire Global Stock Rocketed 28% Today
Shares of stocks of all stripes got hit hard in yesterday's broad-based S&P 500 sell-off -- but few got hit quite as hard as recent SPAC offering turned certified space stock Spire Global (NYSE: SPIR), which fell 5.6% in Monday's trading.
That's the bad news. Now here's the good: On Tuesday, Spire stock is bouncing back in a big way, up 28.3%.
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Source Fool.com