Why Maxar Technologies Stock Just Popped 10%
Shares of space tech company Maxar Technologies (NYSE: MAXR) spiked sharply higher in Monday trading, and remain up a good 10.1% as of 2:45 p.m. EDT.
Presumably, investor excitement over the successful conclusion of SpaceX's rocket trip to the International Space Station and back has something to do with the enthusiasm for space tech stocks like Maxar today. (Virgin Galactic is also up nearly 7%, and other space stocks including Boeing and Iridium Communications are also trading higher).
But if you ask me, earnings have more to do with Maxar's rise.
Source Fool.com
