Blacksky Technology Inc is trading 10.6% down today at $35.45 as investors take profits following a volatile multi-day swing triggered by a recent Jefferies downgrade and subsequent rebound.
- The stock is retracing a portion of its strong June 4 recovery, which followed a steep selloff earlier in the week.
- Shares are facing additional pressure from broader market weakness in the growth and technology sectors as major indices trade lower.