Wall Street Zen downgraded Spire Global (NYSE:SPIR) from a sell rating to a strong sell rating on Saturday.
The space-based data and analytics company faces this revision following a period of market volatility.
Weiss Ratings also cut the stock from a hold rating to a sell rating recently.
Spire Global maintains significant year-to-date gains despite recent price declines.
Wall Street Zen provided no specific reason for the downgrade in its latest research note.