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Why BlackSky Technology Stock Is Soaring Today


BlackSky Technology (NYSE: BKSY) stock is seeing another day of explosive gains in Monday's trading. The satellite tech company's share price was up 15.3% as of 2:45 p.m. ET.

On the heels of big gains last week powered by announcements surrounding the company's new satellite project, BlackSky stock is continuing to march higher earlier in this week's trading. And while some stocks have seen volatility connected to military actions between the U.S. and Iran, BlackSky appears to be benefiting from the news.

Image source: Getty Images.

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Source Fool.com

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