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Satellite firm Viasat stock falls after ‘unexpected’ deployment event

Issue ‘could be a major blow’ to growth: Raymond James

Bloomberg NewsbyBloomberg News
July 12, 2023
in Investments, News
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(Bloomberg) —Viasat Inc. shares fell as much as 36% Thursday, on track for a record drop if losses hold, after the company said an unexpected event occurred during one of its deployments that could hinder performance of a communication satellite. The impacted satellite, the ViaSat-3 Americas, was launched April 30 on SpaceX’s Falcon Heavy rocket […]

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Tags: PremiumRaymond JamesSpaceXViasatWilliam Blair
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