Satellogic Inc. (SATL) saw its stock price rise by 0.98% to close at $3.10 on December 23, 2024, with a further 1.61% increase in after-hours trading. The stock opened at $3.10, reached a high of $3.25, and a low of $3.07, with trading volume at 581,784 shares, close to its average. The upward movement in SATL's stock price appears to be driven by a significant increase in its borrow rate, which surged by 9
Satellogic Inc. (SATL) shares are experiencing an uptick today, likely influenced by a notable increase in its borrow rate. Recent data indicates that Satellogic's borrow rate surged by 9.12 percentage points to 453.13%, marking one of the largest increases among liquid option names. This significant rise in borrow rate can often signal heightened short-selling activity, which may prompt a short squeeze as
Satellogic Inc. (SATL) shares are experiencing a significant decline today, primarily driven by macroeconomic factors affecting the broader market. The Federal Reserve's decision to cut interest rates by 0.25% on December 18th, while signaling a slower pace of rate cuts in the coming year, has negatively impacted market sentiment. This move has led to a broad sell-off in U.S. stocks, with major indices such
Satellogic Inc. (SATL) is experiencing a significant decline in its stock price today, primarily driven by a sharp increase in its borrow rate. The latest data indicates that Satellogic's borrow rate has surged to 506.19%, marking an increase of 4.16 percentage points. This substantial rise in the borrow rate suggests heightened short-selling activity, which can exert downward pressure on the stock as inves
Satellogic Inc. (SATL) saw its stock decline by 3.61% to close at $3.88 on December 17, 2024, despite a promising start to the day. The stock opened at its highest point of $4.16, buoyed by the announcement of a strategic partnership with Maxar Intelligence aimed at enhancing real-time monitoring capabilities for U.S. national security missions. This collaboration, which grants Maxar exclusive rights to tas
Satellogic Inc. (SATL) shares are experiencing a notable uptick in pre-market trading following the announcement of a strategic partnership with Maxar Intelligence. On December 17, 2024, the two companies unveiled an agreement aimed at enhancing near real-time monitoring and change detection capabilities for U.S. national security missions and international partners. This collaboration grants Maxar exclusiv
Satellogic Inc. (NASDAQ: SATL) is experiencing a pre-market rise following the announcement of a strategic partnership with Maxar Intelligence. On December 17, 2024, the two companies revealed a new agreement aimed at enhancing near real-time monitoring and change detection capabilities for U.S. national security missions and their international partners. This collaboration grants Maxar exclusive rights to
Satellogic Inc. (SATL) is experiencing a downturn in after-hours trading following the announcement of a new round of layoffs. The company, known for its satellite imagery services, has not disclosed the number of employees affected, but the news has raised concerns about its operational stability and future growth prospects. This development comes amid broader market volatility as investors digest economic
Satellogic Inc. (SATL) shares experienced a notable after-hours movement following the announcement of a $10 million private placement by a single institutional investor. This infusion of capital is seen as a strategic move to bolster the company's financial position. Additionally, the company recently announced a new round of layoffs, which could be interpreted as a cost-cutting measure to streamline opera
Satellogic Inc. (SATL) saw a notable surge in pre-market trading on December 11, 2024, following the announcement of a strategic partnership with Maxar Intelligence. The stock opened at $4.00, reaching a high of $4.25 before closing unchanged at $3.98, with a significant volume of 1,853,137 shares traded, nearly four times its average daily volume. The partnership grants Maxar exclusive rights to task, coll
Satellogic Inc. (SATL) is experiencing a significant pre-market surge following the announcement of a strategic partnership with Maxar Intelligence. On December 11, 2024, it was revealed that Maxar has entered into an exclusive agreement with Satellogic to task, collect, and distribute imagery from Satellogic’s satellite constellation. This partnership aims to enhance geospatial intelligence capabilities fo
Satellogic Inc. (SATL) is experiencing a decline in after-hours trading following the announcement of a $10 million private placement. The company issued 3,571,429 Class A Ordinary Shares to a single institutional investor at a price of $2.80 per share, which is below recent trading levels. This move, while strengthening the company's balance sheet, has raised concerns about shareholder dilution. Additional
Satellogic Inc. (SATL) has not been the subject of any specific news today that would explain its stock movement. However, the stock was listed among the after-hours gainers in a Reddit post, indicating a 5.27% increase in its price after the market closed. Despite this after-hours activity, there is no detailed information available to explain the stock's movement during regular trading hours.
On Reddit,
Satellogic Inc. (SATL) saw a remarkable surge in its stock price on December 9, 2024, closing at $4.74, up 20.92% from the previous close of $3.92. The stock opened at $4.75 and reached an intraday high of $5.49, driven by a series of strategic announcements that captured investor attention. The trading volume was exceptionally high at 8,115,009 shares, significantly surpassing the average daily volume of 3
Satellogic Inc. (SATL) shares are experiencing an after-hours boost following the announcement of a strategic partnership with Palantir Technologies. This collaboration is expected to enhance Satellogic's capabilities in satellite imagery collection and data analytics, potentially opening new avenues for growth and innovation. The partnership with Palantir, known for its advanced data analytics platforms, i
Satellogic Inc. (SATL) has seen a significant surge in its stock price, driven by a combination of speculative interest and recent strategic developments. The resignation of Howard Lutnick from Satellogic's board to join the Trump Administration has sparked investor interest, although it does not have a direct financial impact on the company. Additionally, the company announced a $10 million private placeme
Satellogic Inc. (SATL) has seen a significant surge in its stock price, driven by the expansion of its contract with SynMax, a U.S. satellite data analytics firm. Announced on December 9, 2024, this expansion will triple SynMax's monitoring of oil and natural gas wellheads across North America to over 100, utilizing Satellogic's high-frequency, high-resolution imagery. This partnership aims to provide real-
Satellogic Inc.'s stock has experienced a significant surge, driven primarily by speculative hopes of a potential acquisition. This comes despite the company's weak fundamentals and a paused US Domestication process. Additionally, the resignation of Howard Lutnick from Satellogic's board to join the Trump Administration has sparked investor interest, although this move does not have a direct financial impac
Satellogic Inc. (SATL) saw a significant surge in its stock price on December 6, 2024, closing at $3.92, a remarkable 24.84% increase from the previous day's close of $3.14. The stock opened at $3.55 and reached an intraday high of $4.10, with trading volume soaring to 5,446,973 shares, far exceeding the average daily volume of 223,303. This dramatic rise was primarily driven by the announcement of a $30 mi
Satellogic Inc. (SATL) shares are experiencing a notable rise today, driven by the announcement of a $30 million strategic investment from Tether Investments Limited. This investment is seen as a significant boost for the company, enhancing its financial position and potentially accelerating its growth initiatives in the Earth Observation data collection sector. The market has reacted positively to this new