Why Viasat Stock Floated Higher Today

Satellite stocks were in vogue in late trading on Thursday, thanks to a rapidly escalating spat between two of the most high-profile individuals in the world. A beneficiary of this was Viasat (VSAT 2.59%), which ended up booking a 2.6% gain in its share price on the day. That made it an outperformer in light of the S&P 500 index's 0.5% decline.Funding threatEarlier in the day, a social media war of words erupted between President Trump and former Department of Government Efficiency (DOGE) head Elon Musk. Th ...