Why Spire Global Stock Just Popped 13%

Why Spire Global Stock Just Popped 13%
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Shares of space-based data, analytics, and services company Spire Global (NYSE: SPIR) shot to the moon on Tuesday, rising a solid 13% through 2:30 p.m. EDT today. As Spire announced this morning, it has promoted Theresa Condor, currently executive vice president and general manager of the company's space services and Earth intelligence, to the position of chief operating officer. In her new role, Spire says Condor will oversee Spire's weather, aviation, Earth intelligence, and space services businesses worldwide, adding that "her experience makes her uniquely positioned to take on this role."

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