US EditionWhy Are Viasat Shares Trading Higher On Thursday? - Viasat (NASDAQ:VSAT)
Sector momentum from SpaceX IPO speculation and Globalstar acquisition rumors, combined with analyst upgrades and declining short interest, propelled the satellite stock higher.
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Why Viasat Stock Soared Almost 19% Higher Today
Key PointsIf consummated, such a deal would surely command a premium price.This led to a wide and strong rally in satellite stocks.10 stocks we like better than Viasat › Thursday was a banner day for investors bullish on satellite stocks. A prominent company in the sector is apparently the focus of a concentrated acquisition effort, and this sparked a hot rally in such stocks Thursday. Viasat (NASDAQ: VSAT) was among the beneficiaries, closing t…
Why Are Viasat Shares Trading Higher On Thursday? - Viasat (NASDAQ:VSAT)
Viasat Inc (NASDAQ:VSAT) shares are climbing Thursday. The stock is participating in a massive sector-wide rally. The Nasdaq is down 0.29% while the S&P 500 has shed 0.23%. SpaceX IPO Buzz Lifts Sentiment The move follows reports that SpaceX filed for a confidential initial public offering. The company may target a June debut at a $1.75 trillion valuation. This news sparked expectations of fresh capital inflows across the space economy. M&A Chat…
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