Spire Global, Inc. (SPIR) shares fell 24.72 percent, down $2.29 to $6.98 on Wednesday, after the company reported third-quarter 2025 revenue of $12.7 million, reflecting a year-over-year decline tied largely to the sale of its maritime business at the end of April 2025.
The company noted that it recognized approximately $43.5 million of revenue from the maritime business in 2024, making year-over-year comparisons less indicative of ongoing operations. The stock was trading at $6.98, compared with a previous close of $9.27 on the New York Stock Exchange. Shares opened at $7.10 and moved within a day's range of $6.87 to $7.57. Trading volume was approximately 2.09 million shares, exceeding the average volume of roughly 0.52 million shares. Spire Global is now trading near the lower end of its 52-week range of $6.85 to $21.43, as investors reacted negatively to the revenue drop following the divestiture.
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December 12, 2025 15:14 ET Central bank decisions dominated the economic news flow this week led by the Federal Reserve. Trade data from the U.S. also gained attention. The Canadian and Swiss central banks also announced their interest rate decisions. Inflation data from China was in focus as the country released the latest consumer price and producer price data.