Why Maxar Technologies Stock Just Popped 10%

Why Maxar Technologies Stock Just Popped 10%

Shares of space tech company Maxar Technologies (NYSE: MAXR) spiked sharply higher in Monday trading, and remain up a good 10.1% as of 2:45 p.m. EDT. Presumably, investor excitement over the successful conclusion of SpaceX's rocket trip to the International Space Station and back has something to do with the enthusiasm for space tech stocks like Maxar today. Maxar is expected to release its second-quarter 2020 numbers on Wednesday after close of trading.