🔴 Gilat Satellite Networks is trading 5.6% down today despite recent contract wins and revenue growth

Gilat Satellite Networks is trading 5.6% down today at $11.25, despite a lack of fresh negative news and a series of recent positive business developments.

• The company recently secured over $20 million in SkyEdge orders from a leading global satellite operator and $11 million in U.S. defense SATCOM orders.
• Gilat Satellite Networks reported 20% revenue growth in Q1 2026 and maintained its full-year 2026 guidance, suggesting strong operational momentum despite today's share price decline.