CNBC's Michael Sheetz joins 'Power Lunch' to discuss Viasat after the company's stock plunges toward worst day ever after new satellite malfunctions.

Why Viasat Stock Just Got Destroyed

02:19pm, Thursday, 13'th Jul 2023
Viasat announced last night that its new ViaSat-3 satellite has suffered an anomaly. The company's newest satellite may even be inoperable, costing the company as much as $700 million.
Shares in Viasat plunged by as much as 36% to about a one-year low on Thursday after the U.S. satellite communications firm disclosed that one of its key satellites malfunctioned during deployment in

Why Is ViaSat (VSAT) Stock Down 30% Today?

11:41am, Thursday, 13'th Jul 2023
ViaSat (NASDAQ: VSAT ) stock isn't doing so hot on Thursday after the company said its satellite suffered a problem in space. According to a press release from the company, its ViaSat-3 Americas satel
Viasat (VSAT) is currently working closely with the reflector's manufacturer to determine the extent of the issue and explore potential remedial measures.
Viasat discloses a problem with one of its new ViaSat-3 satellites.
The Walt Disney Co.‘s DIS, +0.74% stock rose 1%. The company's board extended Chief Executive Bob Iger's contract for two more years through December 2026.
Viasat disclosed its most recently launched communications satellite suffered a malfunction while deploying the reflector of its Viasat-3 Americas satellite.

ViaSat-3 Americas satellite faces deployment issue

05:52pm, Wednesday, 12'th Jul 2023
Viasat said on Wednesday there was an anomaly during the deployment of its ViaSat-3 Americas satellite in space which may affect the performance of the satellite, sending the company's shares down 20%
Shares of ViaSat Inc. VSAT, -1.67% were falling 7% in after-hours trading Wednesday after the communications company disclosed a setback that could impact one of its satellites. The company said in an
Viasat (VSAT) appears to be an enticing investment option in this volatile market, owing to strong fundamentals, and solid traction in commercial networks and government systems verticals.
Solid demand for advanced networking architecture for increased broadband usage despite supply-chain disruptions and intense market volatility is driving the Zacks Wireless Equipment industry. JNPR, V
Viasat (VSAT) steadily advances its Arctic Satellite Broadband Mission in collaboration with Space Norway. The mission aims to establish reliable satellite broadband connectivity in the Arctic region.
Now is a great time to look for the next trillion-dollar companies. With monetary policymakers from across the globe landing in Sintra, Portugal, for 2023's ECB Forum on Central Banking, to say this
IBM and Adobe extend their long-standing business collaboration to support clients with AI-driven content supply chain solutions.
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