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 has confirmed a September 12 launch date for its BlueBird satellites, which will be the largest communications array deployed in low Earth orbit. The company also expects to have over $440 million in cash following $155 million from warrant redemption proceeds.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:43 pm

In August 2024, Nvidia was the most-searched stock on Benzinga Pro, driven by strong earnings and guidance. Tesla, SPY, and QQQ were also among the top-searched tickers. Lumen Technologies and GeoVax Labs entered the top 10 due to financial results and health-related interest, respectively.

Portfolio Pulse from Chris Katje

September 03, 2024 | 4:12 pm

The article lists the top 10 trending stocks on WallStreetBets as of September 3, 2024, according to Swaggy Stocks. The stocks mentioned include NVDA, TSLA, WAY, INTC, ASTS, MADE, LOT, LUNR, QQQ, and BA.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:16 pm

AST SpaceMobile (NYSE:ASTS) has seen a 9.16% increase in short interest, with 28.51 million shares sold short, representing 19.42% of its float. This is significantly higher than its peers' average short interest of 5.33%. The high short interest could indicate bearish sentiment but also presents potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 8:30 pm

The article lists the top 10 trending stocks on WallStreetBets as of August 30, 2024, according to Swaggy Stocks. The stocks mentioned are NVDA, LUNR, INTC, MADE, WAY, ASTS, QQQ, SOFI, DG, and SMCI.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 1:14 pm

AST SpaceMobile shares rose after B. Riley Securities maintained a Buy rating and increased the price target from $26 to $36.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 3:27 pm

B. Riley Securities has maintained a Buy rating on AST SpaceMobile and increased the price target from $26 to $36, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 2:30 pm

The top trending stocks on WallStreetBets as of August 29, 2024, include NVDA, AAPL, MADE, WAY, SMCI, AI, ASTS, QQQ, LOT, and DG, according to Swaggy Stocks.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 1:15 pm

AST SpaceMobile (NASDAQ:ASTS) is redeeming all outstanding publicly traded warrants at $0.01 per warrant on September 27, following a condition met on August 23. This has led to a 5.92% drop in ASTS stock price.

Portfolio Pulse from Dylan Berman

August 28, 2024 | 4:19 pm

AST Spacemobile's shares are declining following the announcement that the company will redeem all outstanding publicly traded warrants.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:12 pm

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