Viasat Stock Drops Amid Mixed News on Contracts and Analyst Upgrades
On June 1, Viasat (NASDAQ: VSAT) stock fell by nearly 12% despite positive developments including a contract with Lockheed Martin for satellite communication technology and an analyst upgrade from Needham. The lack of clear negative catalysts has left investors puzzled.
Topics: analyst upgrade contract award Lockheed Martin Viasat