Has Terran Orbital Missed Its Chance to Sell Out to Lockheed Martin? [Yahoo! Finance]
Terran Orbital Corporation (LLAP)
Company Research
Source: Yahoo! Finance
satellite-building subcontractor Terran Orbital (NYSE: LLAP) in a $600 million transaction that valued Terran at a whopping $1 a share. At the time, Terran Orbital stock was selling for $1. per share, which made Lockheed's $1 offer seem not so great. Nevertheless, I argued that Terran was in such dire financial straits, carrying such a heavy load of debt and warrant obligations, and depending so heavily on a questionable contract to build satellites for a low-profile company called "Rivada Space Networks," that Terran's best course of action would be to "take the money and run." Instead, Terran Orbital balked. Instead of agreeing to Lockheed's offer, the company swallowed a poison pill to stall Lockheed's takeover attempt, and mulled its options. Terran took its time, considered its options, and missed its chance to cash out -- and now it's just a penny stock, valued under $1 a share. Haste makes waste -- but procrastination isn't such a great strategy, either In an SEC filing
Show less
Read more
Impact Snapshot
Event Time:
LLAP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LLAP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LLAP alerts
High impacting Terran Orbital Corporation news events
Weekly update
A roundup of the hottest topics
LLAP
News
- Terran Orbital and Hanwha Systems Sign Memorandum of Understanding [Yahoo! Finance]Yahoo! Finance
- Terran Orbital and Hanwha Systems Sign Memorandum of UnderstandingBusiness Wire
- Terran Orbital Receives NYSE Continued Listing Standards Notice [Yahoo! Finance]Yahoo! Finance
- Terran Orbital Receives NYSE Continued Listing Standards NoticeBusiness Wire
- Terran Orbital to Present at Jefferies Annual Virtual Space Summit [Yahoo! Finance]Yahoo! Finance
LLAP
Earnings
- 5/14/24 - Miss
LLAP
Sec Filings
- 6/21/24 - Form 8-K
- 6/17/24 - Form 4
- 6/17/24 - Form 3
- LLAP's page on the SEC website