Why Maxar Technologies Stock Popped 17% Today [The Motley Fool]
Maxar Technologies Inc. (MAXR)
Last maxar technologies inc. earnings: 3/2 04:08 pm
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Source: The Motley Fool
Rich Smith(TMFDitty)Author BioFollow @@RichSmithFoolWhat happenedShares of satellite builder and satellite photography companyMaxar TechnologiesNYSE:MAXRSo whatLast weekCrew DragonImage source: Getty Images.That theory holds true again today. Less than hours before the launch attempt, it's logical to assume that with the publicity this event receives, investors will soon be hunting around in search ofspace stocksAnd there's another reason Maxar stock could be going up. As one alert reader pointed out last week, the Trump Administration is threatening to pull out of the Open Skies Treaty that permits the U.S. and other nations, including Russia, to overfly one another's territory with airplanes to perform reconnaissance on military activities on the ground. If this happens, then not only will countries such as Russia (which has been criticized for violating the spirit of the treaty) lose U.S. overflight rights, but the U.S. itself will find its ability to monitor Russian activities c
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