Blacksky Technology Inc is trading 10.1% down at $30.82 as the stock extends a sharp multi-day slide that began after a Jefferies downgrade to Hold on June 3, 2026.
- The downgrade followed a significant rally driven by strong Q1 results and raised guidance, leading to a valuation reassessment by investors.
- Shares continue to face sustained pressure amid elevated volatility and a broader risk-off sentiment impacting growth and technology sectors.