This is a high-potential stock, but it's also very high risk.AST SpaceMobile (ASTS 1.27%) has been a top-performing stock over the past month, but is the stock a buy? Travis Hoium digs into the business and recent announcements in this video.*Stock prices used were end-of-day prices of June 3, 2024. The video was published on June 3, 2024. ...

The math may not add up to make AST SpaceMobile stock a long-term success.Space investors are in love with AST SpaceMobile (ASTS -1.60%) stock -- and for good reason.Three years ago, AST broke on the scene as a rather sketchy-looking special purpose acquisition company (SPAC) initial public offering (IPO). It promised to build "the first and only space-based cellular broadband network accessible directly by standard mobile phones," enticing investors with dreams of "five billion mobile subscribers" paying f ...

Discovering outperforming growth stocks today can be challenging. High-profile mega-caps like Nvidia (NASDAQ:NVDA) are often seen as overvalued but continue to rise, driven by a fear of missing out among investors eager to share in the tech sector’s gains. Likewise, those retail investors interested in smaller-cap opportunities feel as though they’re missing out by not buying the booming mega-caps — but there is a risk that this trend may abruptly end, potentially leaving millions of bagholders awaiting rev ...

NEW YORK, May 30, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against AST SpaceMobile, Inc. ("AST" or the "Company") (NASDAQ: ASTS).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether AST and certain of its officers and/o ...

With two big telecom customers, AST SpaceMobile stock looks more buyable -- but it's not yet a sure thing.AST SpaceMobile (ASTS 43.90%) stock is on a roll. Two weeks ago, this tiny telecommunications start-up signed a deal with AT&T (T -0.55%) to provide AT&T customers cellphone-to-cellphone broadband internet connections via AST SpaceMobile satellites in orbit. This morning, AST announced it will also extend this relationship to Verizon (VZ -0.70%) customers.AST SpaceMobile stock jumped 35% on the news (th ...

AST SpaceMobile (NASDAQ:ASTS) stock is on the rise Wednesday after the space-based wireless phone service company announced a deal with Verizon (NYSE:VZ).This deal has AST SpaceMobile agreeing to supply Verizon customers with its direct-to-cellular AST SpaceMobile service when needed. It also comes with a $100 million commitment from Verizon.AST SpaceMobile founder, chairman and CEO Abel Avellan said the following about the deal.“This new partnership with Verizon will enable AST SpaceMobile to target 100% c ...

Satellite-to-phones service provider AST SpaceMobile announced a partnership with Verizon on Wednesday, adding to the company's recent deal with AT&T to provide remote coverage across the United States.AST SpaceMobile is building satellites to provide broadband service to unmodified smartphones, in the nascent "direct-to-device" communications market.The company's chairman and CEO, Abel Avellan, touted AST's agreements with Verizon and AT&T as "essentially eliminating dead zones and empowering remote areas ...

Which of these three space stocks will win the profitability race?After a long holiday weekend, shares of U.S. space stocks took off like rockets on Tuesday. As of 1:20 p.m. ET, AST SpaceMobile (ASTS 6.09%) had gained 6.3% and seemed poised to resume its winning streak. Rocket Lab USA (RKLB 5.47%) wasn't far behind, up 5.6% after announcing a successful weekend rocket launch.Best of all was Virgin Galactic (SPCE 22.52%) stock. On Monday, multiple news outlets reported that the Swiss National Bank has been b ...

Investors with different risk tolerances might see the stock differently.Some Wall Street analysts insist AST SpaceMobile (ASTS 7.60%) is a winner despite having no earnings.AST's first-quarter earnings before interest, taxes, depreciation, and amortization (EBITDA) were negative $42.42 million. The cash flow statement for the same period listed negative $53.12 million in free cash flow.It's no surprise when new and relatively young growth companies fail to turn a profit in their first few years. These comp ...

LOS ANGELES, May 24, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against AST SpaceMobile, Inc. ("AST SpaceMobile" or "the Company") (NASDAQ: ASTS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between November 14, 2023 and April 1, 2024, inclusive (the "Class ...