SPIR is trading about 5% up at $22.24 in pre-market trading, extending strong recent momentum fueled by key business developments.
- The rally follows the stock rising 10.15% on May 22 after the company announced an expansion of its energy trading intelligence platform on May 21.
- Momentum was also supported by a May 19 announcement that Spire was selected by Amadeus IT Group to supply real-time aircraft tracking data.