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MDA Space Ltd. (MDA $41.28)
- $41.28 P/E (TTM): 50.36X Cap: $5.72B
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Q: Mda has dropped straight down 20% for no apparent reason.Whats the problem?

Asked by Kim on April 29, 2026

5i Research Answer:

MDA is still up 55% YTD. There has been no recent negative news. In fact April 20 it won a contract from Airbus and April 22 it was initiated with a BUY at Canaccord. The space sector in general has seen some profit taking in the past week.

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