Backblaze extends rally after Hallum upgrade, shares up 34% to $10.95

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Backblaze stock extended its rally after Hallum upgraded the shares, pushing the price up 34% to $10.95. The item centers on the market’s reaction rather than on a new company event. Backblaze fits the ISV profile because it sells software and cloud storage services. The piece does not indicate a near-term operational change that would clearly drive vendor outreach or procurement.

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