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0.000998972072215461 0.000448813539690964 -0.00140435204354943 -0.00230197912293152 -0.00669369199808885 -0.0113361613412287 -0.0109307813698948 -0.0202834764228113
Stock impact report

Viasat (VSAT) Stock Is Up, What You Need To Know [Yahoo! Finance]

L3Harris Technologies, Inc. (LHX) 
Last l3harris technologies, inc. earnings: 2/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The positive commentary followed a move by competitor L3Harris, with the analyst suggesting that L3Harris's proposed spinout might inspire Viasat to follow a similar path. This potential for a corporate restructuring was viewed favorably. The bullish outlook was also supported by the company's performance in its In-Flight Connectivity (IFC) segment, which had reported a 14% year-over-year increase in revenue. This growth was driven by higher service use and expansion. After the initial pop the shares cooled down to $42.11, up 4.3% from previous close. Is now the time to buy Viasat? Access our full analysis report here, it's free Viasat's shares are extremely volatile and have had 64 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Viasat is up 11.9% since the beginning of the year, and at $42.11 per share, it is trading c Show less Read more
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