Why Maxar Technologies Stock Just Popped 18%

Shares of satellite builder and satellite photography company Maxar Technologies (NYSE: MAXR), which reported Q1 2020 earnings 10 days ago ( and got punished for it), are making up all their losses (and more) today, as the stock soared 17.8% in 12:30 p.m. EDT afternoon trading.

Curiously, there seems to be no news behind the move.

Image source: SpaceX.