York Space Systems is trading 10.5% up today at $15.78 as the stock rebounds from last week’s drop tied to BlackRock cutting its stake.
- Investors appear to be bargain-hunting following the selling pressure on July 29–30, which was triggered by BlackRock’s $3.1 million share sale.
- Broader gains in the industrial sector and U.S. equity markets are providing additional tailwinds for today’s move.