Gilat Satellite Shares Surge

This is a Israel news story, published by MSN, that relates primarily to Gilat Satellite Networks Ltd. news.

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Gilat shares

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Gilat

MarketWatch

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This space stock is up on new orders for its satellite networking technology

Summary

Nutrition label

89% Informative

Gilat Satellite Networks Ltd. ended Monday ’s session up 9.8% after the Israel -based company said that it has received $9 million in orders from major satellite operators.

The daily percentage gain is Gilat 's largest since Nov. 18, 2024 , when the stock rose 10.9% .

The orders are for its SkyEdge IV and SkyEdge II -c equipment and services.

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Informative language

Neutral language

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formal

Language

English

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not offensive