Blacksky Technology is trading 5.6% up at $22.66, rebounding after two days of heavy losses that followed disappointing quarterly revenue and guidance reported earlier this week.
- The move appears to be a technical bounce and bargain-hunting in the highly volatile name, as there are no fresh company-specific headlines or analyst calls this morning.
- The stock is showing relative strength against the broader market, gaining ground even as major indices and the technology sector trade lower.