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BKSY stock dropped 10.7% weekly as U.S.-China tensions eased, but remains up 96% year-to-date due to ongoing conflict-driven demand.
BlackSky Technology (BKSY) stock fell 10.7% for the week as U.S.-China tensions eased following a trade agreement between Presidents Trump and Xi during a South Korea meeting, reducing demand for satellite intelligence.
The decline followed a brief rebound on Friday, fueled by new signs the Russia-Ukraine war may continue longer than expected, boosting surveillance needs.
Despite the weekly drop, the stock remained up about 96% year to date, reflecting its strong sensitivity to global conflict levels.
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Las acciones de BKSY cayeron un 10,7% semanal a medida que disminuían las tensiones entre Estados Unidos y China, pero siguen aumentando un 96% en lo que va del año debido a la demanda continua impulsada por el conflicto.