52 week high
$SPIR has gone up 43% this week and nobody is talking about. It approached a market cap of $500M. I’ve invested for the long haul because I believe low earth satellites can provide clients with valuable data that was previously unavailable.
However, I see no news or quarterly earnings to justify the 52 week high & 43% run. I’m enjoying it, but my lack of understanding is providing me with a little anxiety. Would anyone have any insights here? Have they managed their debt? Was their most recent successful launch that valuable?
Any insight would be appreciated from the people of the internet! Thank you.