Since December 2023, I’ve been tracking the performance of Satellogic Inc. (NASDAQ:SATL), and unfortunately, the stock has plummeted by almost 50%. My initial assessment of the investment opportunity was lukewarm at best, and subsequent events have only reinforced my skepticism. The company’s struggles are evident, with a staggering $140 million loss.
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As an aerospace, defense, and airline analyst, I must emphasize that I hold no stake in Satellogic Inc. or any other company mentioned in this article, nor do I plan to initiate any positions within the next 72 hours. This article reflects my independent opinions, and I receive no compensation beyond what Seeking Alpha provides. I have no business ties to any companies mentioned herein.
Investors should be aware that past performance is not indicative of future results, and no investment advice is being offered. The views expressed here are solely those of the author and may not align with Seeking Alpha’s overall stance.
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