SPIR fell with the tech-led risk-off selloff as the S&P 500 and Nasdaq dropped and volatility jumped.
Unusual Price Movement
SPIR fell with the tech-led risk-off selloff as the S&P 500 and Nasdaq dropped and volatility jumped.
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No new catalyst drove SPIR's second move lower today; the stock was down about 5.5% in the same tech-led risk-off session that had already pushed it down about 11.4% premarket. The S&P 500 and Nasdaq fell sharply while the VIX jumped, and Earth-observation peers Planet Labs and BlackSky also declined. SPIR's move tracked the broader selloff, with no company news behind it.
No new catalyst drove SPIR's second move lower today; the stock was down about 5.5% in the same tech-led risk-off session that had already pushed it down about 11.4% premarket. The S&P 500 and Nasdaq fell sharply while the VIX jumped, and Earth-observation peers Planet Labs and BlackSky also declined. SPIR's move tracked the broader selloff, with no company news behind it.