NEW YORK, June 27, 2017 /PRNewswire/ -- Kerrisdale Capital, a private investment manager, announces research updates to www.FactsAboutViaSat.com. Kerrisdale continues to share analyses and answer questions received from investors since its June 13 report highlighting the significant downside risk to shares of ViaSat (Nasdaq: VSAT). The first two research spotlights address the risk posed by the incompatibility of customer modems with ViaSat's newest satellite and the challenged profitability of in-flight connectivity.
Kerrisdale believes that ViaSat shares are worth 50% lower than the current trading price, as ViaSat faces increasing obsolescence in its core residential internet segment. The full report can be found at www.FactsAboutViaSat.com.
Kerrisdale has a short position in ViaSat and stands to benefit if its share price falls.
About Kerrisdale Capital
Kerrisdale Capital Management, LLC is a fundamentally-oriented investment manager that focuses on long-term value investments and event-driven special situations.
Contact
Agnes Cao
Kerrisdale Capital
acao@kerrisdalecap.com
212-257-4385
Kerrisdale Capital Management, LLC is a member of the Financial Industry Regulatory Authority, CRD number 160804.
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SOURCE Kerrisdale Capital Management, LLC
