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  5. MDA: Big drop today and I don't see any news. [MDA Space Ltd.]
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Q: Big drop today and I don't see any news. Have you seen what's causing the negative reaction?
Asked by Kyle on May 02, 2025
5i Research Answer:

The company has no announcement, but the decline looks related to the proposal to slash $6B from NASA's budget, which could include cuts in satellite programs. 

https://www.nytimes.com/2025/05/02/us/politics/trump-budget-nasa-cuts.html