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Even after recording a positive percentage change on Friday, Spire Global Inc closed at 11.72 USD as of 7:00 PM GMT-5 on February 14, marking a steep decline of -8.38 USD or -41.69% over the past five days. This sharp drop came this week after the company raised concern about its capacity for future functioning as it is currently facing revenue constraints.
During the session, the stock reached a high of 12.56 USD and a low of 11.47 USD, reflecting notable intraday volatility. The stock opened at 11.57 USD, and despite some upward movement, it failed to sustain gains and closed near its session low.
In after-hours trading, Spire Global edged up to 11.80 USD, showing a slight recovery of 0.68% or +0.080 USD. The company’s market capitalization at the closing bell on Friday stood at a total of 30.27 crore,
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.