Small But Mighty: 10 Stocks That Stunned Wall Street Today

4. Viasat, Inc. (NASDAQ:VSAT)

Viasat grew its share prices by 15.20 percent on Monday to finish at $10.61 apiece, as the company continues to benefit from the ongoing spat between SpaceX owner Elon Musk and President Donald Trump.

Despite not being a direct competitor to SpaceX, Viasat, Inc. (NASDAQ:VSAT) traded higher alongside its peer, AST SpaceMobile, Inc. (NASDAQ:ASTS), with Musk and Trump’s dispute sparking investor optimism for publicly-listed satellite firms.

Viasat, Inc. (NASDAQ:VSAT) is a US-based provider of high-speed satellite broadband services and secure networking systems for military and commercial markets.

Last month, the company partnered with billionaire Jeff Bezos’ Blue Origin to support the launch of its InRange launch telemetry relay service as part of its work with NASA’s Communications Services Project (CSP).

Viasat, Inc.’s (NASDAQ:VSAT) Space and Mission Systems team—part of the company’s Defense and Advanced Technologies (DAT) segment—will work with Blue Origin across two launches to integrate the user terminal and InRange solution on the New Glenn launch vehicle to showcase the innovative space-based launch communications capability. The New Glenn is expected to launch in August this year.