Why DigitalGlobal (DGI) Stock Is Down Today

NEW YORK (TheStreet) -- DigitalGlobal Inc. (DGI) stock is down by 4.21% to $27.50 on Tuesday following a report that Google (GOOG) is in early talks to purchase Skybox Imagining, a satellite imagery startup.

Currently, both Google Maps and Google Earth rely heavily on high resolution imagery from DigitalGlobe.

Skybox is claiming that its imagery solution is superior to any other because it uses proprietary telescopes and advanced cameras and imaging sensors.

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 DGI ChartDGI data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

 

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