Spire Global Inc is trading 10.1% down at $20.54 as profit-taking extends a sharp multi-session selloff following its first-quarter 2026 results.
- The company reported revenue of $15.8 million, exceeding the high end of its guidance, yet investors continue to press the stock lower despite the beat.
- Shares have declined more than 18% since the May 29 close of $22.84, a move largely attributed to company-specific selling pressure rather than broader market trends.