Why Viasat Stock Blasted 29% Higher This Week

Over the past few trading days, Viasat (VSAT -0.48%) stock ascended like a gravity-defying spacecraft. Shares of the satellite communications specialist ballooned in price, rising by 29% this week, according to data compiled by S&P Global Market Intelligence.Nabbing a new NASA gigMuch of that pop was due to Viasat's news, released on Tuesday, that it earned some work from a well-funded arm of the federal government.Specifically, this is the National Aeronautics and Space Administration (NASA), which has inc ...