Why Maxar Technologies Stock Just Popped 14.5%
Just as it promised (and just hours after it promised), Maxar Technologies (NYSE: MAXR) reported its fiscal third-quarter 2019 earnings last night, right after close of trading. The stock traded down in the after-hours last night, then popped right back up today; as of 1:25 p.m. EST, it's enjoying a healthy 14.5% gain.
But why?
"Hey, Houston! Didja hear? Maxar lost money -- and its stock went up anyway!" Image source: Getty Images.
Source Fool.com
