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Why Satellogic Stock Soared 24% Today


🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
To stave off that prospect, Satellogic did announce today that it is selling $10 million in new stock to a provide buyer. That only suffices to keep the lights on for another couple of months, though. Unless and until Satellogic can earn some profit, I'm afraid the stock still looks too risky to buy.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/09/why-satellogic-stock-soared-24-today/ ]
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