Why BlackSky Technology Stock Popped Today

Don't believe the hype: BlackSky's big new NGA contract won't turn this stock profitable... yet.Shares of BlackSky Technology (BKSY 15.16%), one of the leading providers of digital satellite photos of Earth from space, rocketed 18.9% through 12:35 p.m. ET Thursday on a couple of positive developments.On Tuesday, BlackSky announced the National Geospatial-Intelligence Agency (NGA) awarded the company a $24 million, four-year contract to perform global monitoring of military and economic facilities.Two days l ...