BlackSky Technology Stock Declines This Week

BlackSky (NYSE: BKSY) experienced a significant decline of 10.7% in its stock price over the past week due to valuation contraction linked to U.S.-China trade tensions. However, the stock showed signs of recovery on Friday amid ongoing concerns about the protracted war between Russia and Ukraine. Despite the recent pullback, BlackSky’s stock remains up approximately 96% year to date. Image source: Getty Images.

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