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All Points Blog

• 

  Why did DigitalGlobe's going public push up GeoEye's stock price?

  Posted: April 16th, 2008, 1:24pm CEST

  Tags:  Remote Sensing  

  That's the question at Motley Fool. GeoEye was up some 9% yesterday. Rich Smith doesn't understand why. He suggests that it's not good news for GeoEye since now it has a direct competitor for easy to get capital where before it was the only game in U.S. satellite companies for investment.