Viasat stock slides as Evergreen signs on for Inmarsat NexusWave, CFO sale hits tape
Viasat shares fell 11.3% to $38.57 Wednesday after closing at $43.46 Tuesday. The drop followed news that Evergreen Marine will deploy Inmarsat Maritime’s NexusWave across its fleet. A filing showed CFO Garrett Chase sold 5,000 shares Jan. 2 under a pre-set plan. Viasat’s next earnings are due Feb. 5.