Globalstar, Cogent, Hewlett Packard Enterprise, Viasat, and Getty Images Shares Experience Fluctuations—Key Information You Should Be Aware Of

Market Turmoil: What Triggered the Volatility?

Stocks experienced divergent movements during the afternoon as tensions escalated between the United States and the European Union, fueling concerns about a possible resurgence of trade hostilities.

Amid this uncertainty, investors shifted toward safer assets, adopting a more cautious approach in the broader markets. The VIX, a key indicator of market volatility, surged to its highest level in eight weeks, reflecting heightened investor unease. The dispute, which centers on Greenland, has reignited fears of trade disruptions that could ripple through global supply chains and economic activity. Large technology firms, many of which rely heavily on international operations and sales, were especially vulnerable as renewed trade tensions threaten their worldwide business strategies.

Market reactions to breaking news can often be exaggerated, and sharp declines may create attractive entry points for investors seeking quality stocks.

The following companies were notably affected:

• Globalstar (NASDAQ:GSAT), a provider of satellite telecommunications services, saw its shares rise by 1%.

• Cogent (NASDAQ:CCOI), specializing in terrestrial telecommunications, experienced a 0.3% decline.

• Hewlett Packard Enterprise (NYSE:HPE), a hardware and infrastructure company, dropped by 4.1%.

• Viasat (NASDAQ:VSAT), another satellite telecommunications firm, declined by 6%.

• Getty Images (NYSE:GETY), a digital media and content platform, fell 1.9%.

Spotlight on Viasat (VSAT)

Viasat’s stock is known for its significant price swings, having recorded 61 instances of moves greater than 5% over the past year. Today’s decline suggests that while the market views the latest developments as important, they do not fundamentally alter the company’s long-term outlook.

Just four days ago, Viasat shares climbed 3% after Morgan Stanley sharply increased its price target for the company and Viasat announced new business initiatives.

Morgan Stanley raised its price target for Viasat from $12 to $51, maintaining an Equalweight rating. Meanwhile, Viasat and Bharat Sanchar Nigam Limited (BSNL) revealed plans to support the next stage of the Indian Navy’s satellite communications upgrade, utilizing Viasat’s advanced satellite technology for secure connections. Additionally, Viasat announced the establishment of a new testing facility in Singapore to enhance air traffic management across the Asia Pacific, underscoring its commitment to global aviation innovation.

Viasat’s Recent Performance and Investment Perspective

Since the start of the year, Viasat’s stock has gained 17.7%, currently trading at $44.28 per share—just shy of its 52-week high of $45.94 reached in January 2026. An investor who put $1,000 into Viasat five years ago would now see that investment grow to $1,140.

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