What Happened?. Shares of global satellite communications provider Viasat (NASDAQ. VSAT) jumped 9.1% in the morning session after Raymond James reiterated an Outperform rating and a $107 price target for the company ... ONE MORE THING ... The gap won’t last ... .
The International Telecommunication Union in Geneva keeps a ledger of who owns what slice of the sky, and in that ledger sit thousands of satellites that do not exist ... They have no metal ... first come, first served ... Or to sell. Or to sit on and sell ... .