BlackSky Technology (BKSY) Moves 8.9% Higher: Will This Strength Last?

BlackSky Technology Inc. (BKSY) shares soared 8.9% in the last trading session to close at $28.29. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 104.3% gain over the past four weeks.The stock is benefiting from growing optimism over global defense spending, sparking renewed investor interest in companies like BKSY with strong ties to national security and intelligence operations.This company is expected to post quarterly loss o ...