'Dead Company Walking': Short Seller Sets Sights On ViaSat, Expects Elon Musk's Starlink To Take Share After Trump Win
ViaSat(VSAT) Benzinga·2024-11-07 03:25
ViaSat Inc VSAT shares are sitting on the sidelines Wednesday while the broader market rallies. The muted price action may be partly due to The Bear Cave’s latest short report.What To Know: Short-selling firm The Bear Cave has published a new report suggesting Elon Musk’s SpaceX is eating ViaSat’s lunch.“The Bear Cave believes new competition led by SpaceX's Starlink is stealing share from Viasat's key markets and will continue to grow at Viasat's expense,” the short seller said. Benzinga has reached out to ...