Caleb Henry, for SpaceNews, on the past few months at Maxar, including the departure of their CEO, who was replaced by DigitalGlobe’s president:
Investors punished Maxar in October when the company reported a net loss instead of the profitable quarter the company had forecast. Maxar’s stock took a beating again last week after the company announced that WorldView-4, a high-resolution imaging satellite launched in late 2016, had suffered a potentially mission-ending hardware failure.
Maxar’s stock, worth around $52 a share six months ago, was trading at $5.83 a share when markets closed Jan. 11. Shares were up slightly in mid-day trading Jan. 14 following the news of Lance’s departure.