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

The article lists the top 10 trending stocks on WallStreetBets as of August 28, 2024, according to Swaggy Stocks. The stocks mentioned are NVDA, WAY, ASTS, MADE, CHWY, QQQ, AI, LOT, SMCI, and LUNR.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:13 pm

AST SpaceMobile (NASDAQ:ASTS) will redeem all outstanding publicly traded warrants for $0.01 each on September 27, 2024, after meeting the stock price condition of at least $18.00 for 20 days within a 30-day period. Warrant holders can exercise their warrants for $11.50 each until the redemption date.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 12:06 pm

AST SpaceMobile announced it will redeem all publicly traded warrants to purchase Class A common shares that remain outstanding as of 5:00 p.m. on September 27.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 12:03 pm

Investors have shown unusual options activity for AST SpaceMobile (NASDAQ:ASTS), with a significant bearish sentiment. The options trades include 3 puts and 15 calls, with a total trade amount of over $1.3 million. Analysts have mixed ratings on ASTS, with price targets ranging from $26 to $45.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 2:02 pm

The article lists the top 10 trending stocks on WallStreetBets as of August 27, 2024, according to Swaggy Stocks. The stocks mentioned include NVDA, WAY, LUNR, MADE, RKLB, ASTS, QQQ, SOFI, CAVA, and LOT.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:13 pm

AST SpaceMobile (NASDAQ:ASTS) has seen significant bearish options activity, with 54% of trades showing bearish sentiment. The stock is currently trading at $33.55, up 2.1%, but analysts have mixed price targets ranging from $26 to $45. The company's next earnings report is in 78 days.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 5:30 pm

Scotiabank analyst Andres Coello has maintained a Sector Outperform rating on AST SpaceMobile and raised the price target from $28 to $45.9.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 1:17 pm

The article lists the top 10 trending stocks on WallStreetBets as of August 26, 2024, according to Swaggy Stocks. The stocks mentioned include NVDA, LUNR, BA, ASTS, WAY, RKLB, LOT, CLOV, MADE, and QQQ.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 1:16 pm

The FCC has finalized rules allowing AST SpaceMobile, AT&T, and Verizon to jointly file for a spectrum lease. This regulatory change could impact the operations and competitive dynamics of these companies in the telecommunications sector.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 7:19 pm

CAVA Group reported strong Q2 results, beating earnings and sales estimates, leading to a 17% stock price increase. Other stocks like Bilibili, Workday, and Roku also saw gains due to upgrades and positive earnings.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 2:22 pm

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