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Why Maxar Stock Just Popped 14%

TheMotleyFool

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Shares of satellite builder and Earth imager Maxar Technologies (NYSE: MAXR) jumped this morning, topping out up 14.8% as of 11:40 a.m. EST. It was a welcome boost for shareholders, but still a curious reaction to the news that seems to have sparked it.

Maxar has named a new member to its board of directors.

Image source: Getty Images.

Source Fool.com

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