Maxar Technologies (TSX:MAXR) Plummets Back to Earth : vimar

Maxar Technologies (TSX:MAXR) Plummets Back to Earth


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Maxar Technologies(TSX:MAXR)(NYSE:MAXR) picked the wrong day to disappoint investors. Yesterday, the market’s shift in sentiment was palpable. Growth stocks have been underperforming for a while, but a statement from Janet Yellen plunged stocks lower. The fact that Maxar reported earnings that were below expectations culminated in a massive loss of capital. 
The spacetech giant needs to turn the ship around, quickly, to stem the losses and save investors from further losses. Here’s a closer look at why Maxar stock plunged back to Earth yesterday and what its future looks like. 

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