13 07, 2023

Viasat Falls More Than 30% on Satellite Malfunction: Is it an Overreaction or Time to Sell?

By |2023-12-07T20:46:18+00:00July 13th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

This Thursday trading session could end up being a landmark day for Viasat (VSAT), and not in a good way. The stock is currently on a trajectory for its worst performance in the company’s history - down more than 30%. How’d we get here, though? The company released a statement regarding a malfunctioning communications [...]

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3 10, 2022

Viasat’s Deal Repositions to Compete with SpaceX – But is This Reason Enough to Buy VSAT Stock Now?

By |2023-12-07T21:11:15+00:00October 3rd, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Viasat, a satellite broadband communications company for the military and commercial markets, enjoyed a 40% boost in stock price Monday morning. This spike resulted from their deal with defense contractor L3 Harris Technologies. In total, the deal is estimated to bring in over $1.8 billion after taxes, fees, and other expenses. The deal will [...]

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