Sidus Space shares rise for second day, shares rise 18%
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Shares of Sidus Space (SIDU) rose for the second day in a row on Tuesday.
Shares of the Satellite Services Company recently changed hands at $4.16, up 18%, at about 2:05 PM ET. The stock opened at $3.60 and peaked at $4.39 late in the morning.
Sidus went public on December 14, pricing 3M shares at $5 each. The stock rose nearly 500% to $29.70, a 52-week high, during its market debut before closing at $12.19.
Shares have been in a downtrend since early March, reaching a 52-week low of $3.24 on March 17.
The stock rose on March 4 after the company announced a partnership with Aitech.