Plus   Neg

Stock Alert: Maxar Technologies Rises To New 52-week High

Shares of Maxar Technologies Inc. (MAXR), a provider of earth intelligence and space infrastructure solutions, are climbing almost 7 percent or $3.30 in Tuesday's morning trade at $51.95, after hitting a new 52-week high of $52.35.

Tuesday, Maxar Technologies said it has appointed Dr. Heather Wilson to serve on its board of directors for a term expiring at the company's 2021 annual meeting of stockholders, when she will stand for election by the stockholders.

Wilson, aged 60, has served as President of The University of Texas at El Paso since 2019. Previously, she was the Secretary of the United States Air Force from May 2017 through May 2019. From 1998 to 2009, Dr. Wilson represented Albuquerque, New Mexico in the U.S. House of Representatives, where she was a senior member of the House Energy and Commerce Committee as well as Chair of the House Intelligence Subcommittee on Technical and Tactical Intelligence.

Last week, space companies surged after Cathie Wood's Ark Invest Management said in a regulatory filing that it is looking to start the ARK Space Exploration ETF, or exchange traded fund. Maxar Technologies is reportedly among the companies that could possibly be added to the ETF portfolio.

Maxar Technologies has traded in a range of $7.18 to $52.35 in the past 52 weeks.

For comments and feedback contact: editorial@rttnews.com

Business News

Get Access to Premium Stock Alerts with RTT Biotech Investor.
Editors Pick
Walt Disney World, the Orlando, Florida-based entertainment complex, is easing the health safety guidelines that were rolled out to prevent the spread of the ongoing COVID-19 pandemic. The complex is ending temperature checks in a phased manner following the advice of the Centers for Disease Control and Prevention (CDC) and local health officials. Frito-Lay North America, the convenient foods division of food and beverages giant PepsiCo, Inc., is recalling select Ruffles All Dressed Potato Chips citing the possible presence of undeclared milk ingredients, a known allergen, the U.S. Food and Drug Administration said. According to the agency, the recalled products may have distributed regionally to Walmart's Sam's Club Warehouses. Pfizer Inc. (PFE) and BioNTech SE (BNTX) announced Friday that they have initiated the Biologics License Application (BLA) process with the U.S. Food and Drug Administration (FDA) for approval of their mRNA vaccine to prevent COVID-19 in individuals 16 years of age and older. The companies initiated...
Follow RTT