Streetbeat News

ASTS

AST SpaceMobile, Inc.

https://ast-science.com

Industry

Communication Equipment

AST SpaceMobile, Inc. operates space-based cellular broadband network for mobile phones. Its SpaceMobile service provides mobile broadband services for users traveling in and out of areas without terrestrial mobile services on land, at sea, or in flight. The company is headquartered in Midland, Texas.

Open

25.55

Mkt cap

6.9B

Volume

919K

High

26.11

P/E Ratio

-10.86

52-wk high

39.08

Low

24.48

Div yield

N/A

52-wk low

1.97

AST SpaceMobile shares are trading higher following the announcement of a partnership with Verizon to provide direct-to-cellular service for Verizon customers.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:34 am

AST Spacemobile and Verizon have announced a strategic partnership, with Verizon committing $100 million to provide direct-to-cellular AST Spacemobile service for Verizon customers.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:33 am

Jim Cramer shared his views on several stocks during CNBC's 'Mad Money Lightning Round.' He expressed positive sentiments about Enbridge Inc. (ENB), Lazard, Inc. (LAZ), Advanced Drainage Systems, Inc. (WMS), Zebra Technologies Corporation (ZBRA), Jacobs Solutions Inc. (J), and Sarepta Therapeutics, Inc. (SRPT). He advised against investing in AST SpaceMobile, Inc. (ASTS) and suggested caution with Petróleo Brasileiro S.A. – Petrobras (PBR). Cramer also commented on Palantir Technologies Inc. (PLTR), noting its good commercial and military prospects.

Portfolio Pulse from Avi Kapoor

May 22, 2024 | 12:51 pm

The article lists the top gainers and losers in the communication services sector during Monday's after-market session. Notable gainers include VS Media Holdings, SPAR Group, and AST SpaceMobile, while significant losers include MediaCo Holding, MultiMetaVerse Holdings, and Yelp.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 8:31 pm

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) shares fell 14.4% after the company reduced its dividend and lowered its third and fourth-quarter expectations. Other notable stock movements include Fangdd Network Group Ltd. (NASDAQ:DUO) jumping 258.6% and GameStop Corp (NYSE:GME) falling 22.6% after releasing preliminary first-quarter results.

Portfolio Pulse from Avi Kapoor

May 17, 2024 | 6:18 pm

Despegar.com (NYSE:DESP) saw a significant rise in its stock price after reporting better-than-expected quarterly sales. Other stocks such as Doximity, Reddit, and Robinhood also recorded gains due to various positive developments.

Portfolio Pulse from Avi Kapoor

May 17, 2024 | 2:11 pm

DXC Technology issued weak guidance, causing its shares to fall sharply in pre-market trading. Other stocks like Cracker Barrel, Tellurian, Erasca, AST SpaceMobile, iQIYI, Ocugen, and Take-Two Interactive also recorded losses.

Portfolio Pulse from Avi Kapoor

May 17, 2024 | 9:34 am

U.S. stocks traded mixed with the Nasdaq Composite falling slightly. Deere & Co. reported strong Q2 earnings but lowered its 2024 net income outlook. BM Technologies, AST SpaceMobile, and TSR saw significant stock price increases, while Eyenovia, Spire Global, and Omeros Corporation experienced declines.

Portfolio Pulse from Avi Kapoor

May 16, 2024 | 6:37 pm

Fluent Inc. (NASDAQ:FLNT) shares fell 12.6% after reporting weaker-than-expected quarterly results, with an adjusted loss of 30 cents per share and sales of $65.983 million, missing estimates. Other notable stock movements include significant gains for Lucy Scientific Discovery Inc. (NASDAQ:LSDI) and Greenwave Technology Solutions, Inc. (NASDAQ:GWAV), and declines for Spire Global, Inc. (NYSE:SPIR) and a.k.a. Brands Holding Corp. (NYSE:AKA).

Portfolio Pulse from Avi Kapoor

May 16, 2024 | 5:06 pm

Walmart posts better-than-expected earnings, leading to a 6.9% surge in its stock price. Other stocks also saw significant gains, including AST SpaceMobile, Canada Goose, Magnite, Lightspeed Commerce, Trupanion, SilverBow Resources, VinFast Auto, Corebridge Financial, Extreme Networks, NextNav, HUYA, ZTO Express, Chubb, Arvinas, Boeing, and Boot Barn.

Portfolio Pulse from Avi Kapoor

May 16, 2024 | 2:24 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.