Why Spire Stock Spiked Thursday
Shares of space-based data, analytics, and services company Spire Global (NYSE: SPIR) launched to as much as an 11% gain on Thursday before coming back down to earth a bit for a 4.7% gain as of noon EDT.
A deal with NASA is responsible for the stock's increase.
NASA's X-59 QueSST. Image source: NASA.
Source Fool.com