PR Newswire
NEW YORK, June 19, 2017
NEW YORK, June 19, 2017 /PRNewswire/ -- Kerrisdale Capital, a private investment manager, announces the launch of www.FactsAboutViaSat.com. Kerrisdale invites investors to visit the website for further analysis of the serious challenges confronting ViaSat Inc. (NASDAQ:VSAT) beyond the initial topics outlined in Kerrisdale's report released on June 13th (kerr.co/vsat). To kick off the research series, Kerrisdale has provided a set of detailed responses to questions posed by ViaSat shareholders following the publication of the initial report. The first topic in the follow-up research series will address how ViaSat's newest satellite substantively lacks the ability to deliver on expectations.
Kerrisdale continues to believe that ViaSat is worth 50% lower than the current share price due to 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. Please read full disclosures available on the website and at the end of the June 13th report.
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
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