Why has bksy fallen

The stock price of BKSY has experienced a significant decrease of -12.55% on July 17, 2025, which can be attributed to the following factors: 1. **Convertible Notes Offering**: BlackSky Technology has announced a proposed private offering of $125 million in convertible senior notes due 2033. Such a significant financing move can lead to dilution of existing shares and raises concerns about the company's financial health and future prospects. 2. **Revised Financial Guidance**: The company has revised its financial guidance for the full year ending December 31, 2025, due to anticipated impacts of U.S. Government budget uncertainties and volatility in contract timing. This indicates potential challenges in maintaining revenue growth and profitability. In conclusion, the decline in BlackSky Technology's stock price can be attributed to a combination of factors including convertible notes offering and revised financial guidance. |code|Ticker|Name|Date|Post-Market Percentage Change|Pre-Market Percentage Change|market_code| |---|---|---|---|---|---|---| |BKSY|BKSY.N|BlackSky Technology|20250717|-12.548603746907036|1.5402387370042439|169|