Shares escalated by 30.78% as Viasat announced a new reporting segment structure.
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Viasat has been abominable for investors and employees as investors. The crater in destroyed value they've augered is shameful. The board's tolerance for such value destruction is a staggering. They have no right for benefit of the doubt at this point. In any other company the execs would have "moved on to spend more time with family" and board changes would have been forced.
Still down more than 50%.
That’s why they say you should sell stock grants as soon as you receive them. Been sitting on mine 70% down and I doubt we will ever see $28-30
We had a big spike in trading volume around the 1st of July, and it ramped up from there. Not sure what the impetus was.
The new reporting structure only helps hide the poor performing segments in revenue decline by mingling them with the aviation business which is still (for now) holding on. Very clever. The only thing I'm eating is the stock that is down 60% from my blended ESPP/RSU cost. So ya, go long
Get your head checked and stop drinking the kool-aid. We're still -35% YTD.
All of nay-sayers are busy eating their boots to enjoy. Viasat is strong international corporation with many years of prosperity