On July 6, Viasat rose 5.39% in regular trading, trading at approximately $88.76/share, with turnover of $18.76 million. The stock rallied alongside a broader surge in space-related equities ahead of SpaceX's formal inclusion into the Nasdaq 100 index.

SpaceX is set to be officially added to the Nasdaq 100 index before market open on July 7. JPMorgan estimates the inclusion could drive approximately $4.3 billion in passive fund inflows, providing significant incremental demand for the broader space sector. Viasat, as a core satellite communications name, benefited from this sector-wide momentum.

Fundamentally, Viasat has secured multiple recent contracts supporting its outlook, including a $437.7 million anti-jamming satellite contract from the U.S. Space Force and ongoing technical evaluation with Boeing to certify the Aera in-flight connectivity system for 737 MAX, 777X, and 787 aircraft. Boeing also recently delivered the ViaSat-3 Flight 3 satellite for the Asia-Pacific region. The combination of sector sentiment and company-specific catalysts drove the intraday advance.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)