Why AST SpaceMobile Stock Just Crashed 12%
AST SpaceMobile ( ASTS -14.07%) stock tumbled 12.5% through noon ET Friday after the company reported a big earnings miss last night. Heading into the report, analysts forecast the start-up provider of direct-to-cell (via satellite) mobile communications would report a $0.23-per-share loss for its Q3 2024. Instead, AST said it lost $1.10 per share.
AST SpaceMobile Is Plummeting Today. Is It Time to Buy the Stock?
The stock of AST SpaceMobile (NASDAQ: ASTS) is seeing big sell-offs in Friday's trading following the company's recent third-quarter report. The space-based telecom's share price was down 13.8% as of 11:45 a.m. ET today. Meanwhile, the S&P 500 index was down 1.3%, and the Nasdaq Composite index was down 2.1%.
The company also wants to beta-test the first batch of BlueBird satellites by beaming cellular connectivity to emergency ...
AST SpaceMobile will use Blue Origin's New Glenn rocket to launch some of the satellites for its cellular broadband network ...
An update from AST SpaceMobile (AST) on November 14th supplied many hard facts as to the satellite operator’s plans. New satellite launches, added to the five ...
AST SpaceMobile's share price dropped after the release of its Q3 results, although there was little reason for this from ...
AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for ...
Research analysts at B. Riley boosted their FY2024 earnings per share estimates for AST SpaceMobile in a research report ...
In addition to SpaceX, AST SpaceMobile will use Blue Origin's unproven New Glenn rocket to launch its next-generation ...
Scotiabank lowered the firm’s price target on AST SpaceMobile (ASTS) to $44.70 from $45.90 and keeps an Outperform rating on the shares.
AST SpaceMobile (NASDAQ:ASTS – Free Report) had its price target hoisted by UBS Group from $30.00 to $31.00 in a research note issued to investors on Friday morning,Benzinga reports. UBS Group ...
With U.S. stock markets set to open in two hours, Alcoa Corp. (AA) was up 9.3% in pre-market trading, and Domino's Pizza Inc. (DPZ) was up 7.1%. Back To Top ...
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