Viasat Stock Gains As Its Subsidiary Signs Up Maersk To Enhance Its Fleet’s Maritime Connectivity: Retail’s Not Buying It Yet
Shares of Viasat Inc. (VSAT) gained over 2% in morning trade on Thursday as its subsidiary, Inmarsat Maritime, signed an agreement with Maersk to enhance its fleet’s maritime connectivity. Inmarsat will upgrade its existing communications services across Maersk’s global fleet of 340 container ships.