ViaSat Inc is trading at $68.92 (down 5.5%) in a sharp reversal from yesterday’s strong gains, despite no new company-specific news emerging so far today.
- The decline tracks broader weakness in the tech sector and high-beta stocks as the Nasdaq falls.
- Investors are reacting to a stronger-than-expected U.S. jobs report, which is pressuring growth stocks and rate-sensitive names across the market.