Why Maxar Technologies Stock Just Got Destroyed

Tuesday is turning into a bad day to own Maxar Technologies (NYSE: MAXR) stock.

Maxar shares tumbled 24.5% through 11 a.m. EDT this morning after the "space infrastructure" builder and Earth imaging satellite photographs-taker reported worsening GAAP losses in Q1 2021, despite slightly improved sales.

Image source: Getty Images.

Continue reading

Source Fool.com