Movement Alert｜Viasat Intraday Decline 5.15% in Regular Trading, Communication Equipment Sector Slides

Market Focus

Oct 08

On October 8, Viasat fell 5.15% in regular trading, trading at $67.23/share, with Turnover of $19.766 million.

Within the Communication Equipment sector where Viasat belongs, the overall sector trend is lower. Among individual stocks, Lumentum down 3.97%, Applied Optoelectronics down 7.53%, Ciena down 2.16%, Cisco down 0.72%, Arista Networks down 0.25%.

Viasat, Inc. provides broadband and communications products and services worldwide. The company's Satellite Services segment offers satellite-based fixed broadband services, in-flight entertainment and aviation software services, and satellite-based connectivity services. Its Commercial Networks segment offers fixed broadband satellite communication systems, mobile broadband satellite communication systems, and antenna systems. The Government Systems segment offers government mobile broadband products and services, secure networking, cybersecurity, and tactical data link solutions.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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