Why Viasat Stock Crumbled by 16% This Week
Investors aggressively intensified the force of the market's gravity on satellite company Viasat (NASDAQ: VSAT) over the past few trading sessions. In the wake of a disappointing quarterly earnings report and a subsequent analyst price target cut, the company's shares sank. According to data compiled by S&P Global Market Intelligence, they ended the week down 16%. The bears came for Viasat on Wednesday, just after the company unveiled its fiscal 2025 fourth-quarter results. Image source: Getty Images.Continue reading
Investors aggressively intensified the force of the market's gravity on satellite company Viasat (NASDAQ: VSAT) over the past few trading sessions. In the wake of a disappointing quarterly earnings report and a subsequent analyst price target cut, the company's shares sank. According to data compiled by S&P Global Market Intelligence, they ended the week down 16%.
The bears came for Viasat on Wednesday, just after the company unveiled its fiscal 2025 fourth-quarter results.
Image source: Getty Images.
