AST SpaceMobile(ASTS)
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The 3 Up-and-Coming Stocks That Could Make Your February Unforgettable
InvestorPlace· 2024-02-15 21:19
Finding a quality up-and-coming stock is a tricky proposition, but doubly so now that we’re well past the ZIRP-era “stocks go up” sentiment. In the past, you could throw capital at any up-and-coming stock and have a pretty good chance of generating returns. But, today, investors demand fundamental strength and a solid path to profitability before they consider a sizable investment.However, these companies meet the mark. They have the financial stability coupled with long-term potential that underscores the ...
AST SpaceMobile Announces New Contract Award with United States Government Through Prime Contractor
Businesswire· 2024-02-08 13:00
MIDLAND, Texas--(BUSINESS WIRE)--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced a new contract award from a prime contractor working with the United States Government. “ We are thrilled to announce this initiative with the United States Government,” said Chris Ivory, Chief Commercial Officer and Head of Government Business of AST SpaceMobile. “ We believe ou ...
Roth IRA Gold: 3 Stocks to Buy Now for Tax-Free Growth
InvestorPlace· 2024-01-27 22:30
Investing in a Roth IRA offers unique advantages, particularly for those looking to grow their wealth tax-free over the long term. When it comes to selecting stocks for a Roth IRA, certain criteria make some options more favorable than others.As with any investment, inherent stability and market viability are king when it comes to selecting stocks for a Roth IRA. However, additional considerations include income generation and long-term growth potential compared to peers. Dividend stocks are great, but dist ...
AST SpaceMobile CEO Publishes Letter to Shareholders
Businesswire· 2024-01-23 16:33
MIDLAND, Texas--(BUSINESS WIRE)--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced that Abel Avellan, Chairman and Chief Executive Officer of AST SpaceMobile, published a letter to shareholders. The full text of the letter is below. Dear Fellow Shareholders, Last week’s announcement of strategic investments from AT&T, Google and Vodafone and aggregate new fina ...
7 Growth Stocks to Buy and Hold Forever: January 2024
InvestorPlace· 2024-01-23 13:36
Even as the S&P 500 marks new highs, many top growth stocks haven’t seen the same momentum. Since most of the recent market gains come from just a handful of leading stocks, hidden opportunities in growth stocks abound. Some are small-caps, of course, and those represent the best long-term growth stocks as they have more room to run. Others, though, are firmly within the mid or large-cap categories. Still, they remain beaten down by factors outside of their control that have limited bearing on their overall ...
Why AST SpaceMobile Stock Just Crashed 25%
The Motley Fool· 2024-01-19 17:59
It's a good news, horrible news kind of a day for investors in cellphone-to-satellite-to-cellphone company AST SpaceMobile (ASTS -20.79%), as shares of one of the world's more popular space stocks plunge 25.2% through noon ET on Friday.The good news is that AST just announced a plan to get hold of the cash it needs to finish building out its constellation of satellites, providing the world's cellphone users a means of calling anyone from anywhere via satellite. The bad news is that getting hold of this cash ...
ASTS Stock Plunges on $100 Million Offering From AST SpaceMobile
InvestorPlace· 2024-01-19 15:02
AST SpaceMobile (NASDAQ:ASTS) is one of the top trending tickers, and the shares are down around 20% today after AST priced a $100 million offering of ASTS stock. AST is developing “a space-based cellular network.” It specializes in offering “mobile (5G) broadband services” to users in remote areas.AST also announced today that it would receive investments from AT&T (NYSE:T), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), and European telecom giant Vodafone (NASDAQ:VOD).ASTS stock is down about 34% year-over-year an ...
AST SpaceMobile set to plunge on discounted $100m stock offer, as Google joins Vodafone as strategic investor
Proactive Investors· 2024-01-19 11:37
AST SpaceMobile Inc (NASDAQ:ASTS) shares are set to plunge more than 22% a day after it raised US$206.5 million from investors including Google, AT&T and Vodafone as the space-based broadband group announced a US$100 million public share offer. The public offering is priced at US$3.10 per share, a sizeable discount to the US$4.16 at which the stock closed trading on Thursday. Vodafone was an existing investor in the company, with AT&T and Google joining as new investors to raise a combined US$155 million, ...
AST SpaceMobile, Inc. Announces Pricing of $100,000,000 Public Offering of Class A Common Stock
Businesswire· 2024-01-19 02:18
MIDLAND, Texas--(BUSINESS WIRE)--AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the pricing of its previously announced public offering of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”). The Company has agreed to sell 32,258,064 shares of Class A Common Stock at a price to the public of $3.10 per share. The Company has granted the underwriter a 30-day option to purchase up to an additional 4,838,709 shares of Class A Common Stock ...
AST SpaceMobile, Inc. Announces Launch of Offering of $100,000,000 of Class A Common Stock
Businesswire· 2024-01-18 21:39
MIDLAND, Texas--(BUSINESS WIRE)--AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the launch of a public offering of $100,000,000 of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”). The Company will grant the underwriter a 30-day option to purchase up to an additional $15,000,000 of shares of Class A Common Stock at the public offering price, less the underwriting discounts and commissions. The Company intends to use the net proceed ...