Gilat Satellite Networks is trading at $10.97 (up 5.3%) as the stock rebounds from recent weakness amid a strong risk-on tone in U.S. equities.
- The move appears driven by improving macro sentiment rather than company-specific catalysts, with the S&P 500 up 1.24% and the Nasdaq gaining 2.73%.
- Shares are recovering following a period of recent downward pressure as investors embrace broader market gains across the technology and communications sectors.