Globalstar: The Next Big Satellite Winner After Deal With Apple?
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Globalstar (NYSEAMERICAN: GSAT) has seen a significant decline in its stock price, down 45% through October 2024. However, a recent deal with Apple has brought renewed attention to the company, potentially positioning it as a major player in the satellite industry.
November 11, 2024 | 1:00 pm
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Globalstar's stock has declined significantly in 2024, but a new deal with Apple could revitalize its market position and stock performance.
The partnership with Apple is a significant development for Globalstar, which has struggled with a declining stock price. This deal could enhance its market presence and investor confidence, likely leading to a positive short-term impact on its stock price.
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