MDA Seen Benefiting More if Amazon Wins Globalstar Bid -- Market Talk
Dow Jones04-06
0835 ET - Desjardins says the potential Amazon purchase of Globalstar "likely represents the better outcome for MDA," noting that if Amazon does indeed do the deal it's "likely to be more open and less rigid in working with another technology provider such as MDA." Analyst Benoit Poirier believes Amazon needs to differentiate itself and catch up to SpaceX, particularly given that space is not its core business, "potentially opening the door for collaboration with MDA," he says in a note. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
April 06, 2026 08:35 ET (12:35 GMT)
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