Why BlackSky Technology Stock Dropped Today

Shares of spy satellite operator BlackSky Technology (NYSE: BKSY) stock tumbled 5.5% through 9:50 a.m. ET Thursday after reporting worse-than-expected losses this morning -- and missing badly on revenue as well.Heading into the report, analysts already weren't optimistic, forecasting BlackSky to lose $0.35 per share on sales of under $29 million. In fact, BlackSky's losses totaled $0.44 per share, and revenue was less than $20 million -- just $19.6 million. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool