Shares of Terran Orbital Corp. rocketed 71.4% on heavy volume, to pace all premarket gainers, after the satellite products maker announced contract valued at...
Shares of Terran Orbital Corp.
rocketed 71.4% on heavy volume, to pace all premarket gainers, after the satellite products maker announced contract valued at $2.4 billion to produce a total of 300 satellites. Trading volume ballooned to more than 23.6 million shares ahead of the open, compared with the full-day average volume of about 590,200 shares. As part of the contract, Terran Orbital’s subsidiary Tyvak Nano-Satellite Systems Inc.
rocketed 71.4% on heavy volume, to pace all premarket gainers, after the satellite products maker announced contract valued at $2.4 billion to produce a total of 300 satellites. Trading volume ballooned to more than 23.6 million shares ahead of the open, compared with the full-day average volume of about 590,200 shares. As part of the contract, Terran Orbital’s subsidiary Tyvak Nano-Satellite Systems Inc.
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