The most recent trading session ended with AST SpaceMobile, Inc. (ASTS) standing at $23.84, reflecting a -1.1% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.01%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.08%.Heading into today, shares of the company had lost 18.04% over the past month, lagging the Computer and Technology sector's gain of 1.03% and the S&P 500's gain of 1.21% in that time.Analysts and investors alike will be ...

Shares of AST SpaceMobile Inc (ASTS, Financial) fell 2.99% in mid-day trading on Oct 2. The stock reached an intraday low of $23.01, before recovering slightly to $23.39, down from its previous close of $24.11. This places ASTS 40.16% below its 52-week high of $39.08 and 1,087.06% above its 52-week low of $1.97. Trading volume was 5,413,120 shares, 26.4% of the average daily volume of 20,507,208.Wall Street Analysts ForecastBased on the one-year price targets offered by 5 analysts, the average target price ...

The speculative space stock could take investors on a wild ride.AST SpaceMobile (ASTS 3.28%), a producer of low earth orbit (LEO) satellites for cellular communications, went public by merging with a special purpose acquisition company (SPAC) on April 7, 2021. Its stock started trading at $11.63, but it sank to about $2 this April after it postponed the launch of its first commercial satellites.But today, AST SpaceMobile trades at about $25. Most of that rally was driven by the successful launch of its firs ...

The stock is down big from its highs, and it has a lot to prove.The hype behind AST SpaceMobile (ASTS 6.25%) has been incredible in 2024. The stock is up 300% this year, even though its nascent internet satellite network has yet to begin offering commercial services anywhere in the world.But there is potential for AST SpaceMobile to be a global telecom provider, and deals with AT&T (NYSE: T) and Verizon (NYSE: VZ) show faith in the company's technology. Is it time to buy AST SpaceMobile before growth in the ...

When it comes to space exploration stocks, most investors are already familiar with Intuitive Machines (LUNR). The company recently secured a $4.8 billion contract with the National Aeronautics and Space Administration (NASA), despite its moon lander Odysseus tipping over earlier this year. For those looking to get in on the sector, AST SpaceMobile Inc (NASDAQ:ASTS) and Rocket Lab USA Inc (NASDAQ:RKLB) are two alternatives to LUNR that boast plenty of upside opportunity. ASTS was last seen trading near brea ...

Investors should stay grounded despite the stock price soaring into orbit.Many companies went public via mergers with special purpose acquisition companies (SPACs) in 2020 and 2021. These public blank-check companies enabled private companies to avoid the slower and more rigorous initial public offering (IPO) process to hit the markets in a zero-percent interest rate environment that stoked investors' appetites for more speculative investments.Unfortunately, most of them haven't worked out. Many have since ...

AST SpaceMobile is a high-risk stock, but it is on the cusp of a very important business achievement.AST SpaceMobile (ASTS 0.41%) is about to go from a company with big dreams to one that is making its dreams a reality. This is a pivotal moment for the company and its partners, which includes telecom giants like AT&T (T -0.23%) and Verizon (VZ -0.16%). If you don't mind taking on high-risk investments, now is probably the time to start getting excited about AST SpaceMobile's long-term future.AST SpaceMobile ...

The developer of LEO satellites has been a red-hot stock over the past year.AST SpaceMobile (ASTS 0.41%) took investors on a wild ride after it went public by merging with a special purpose acquisition company (SPAC) on April 7, 2021. The low earth orbit (LEO) satellite developer's stock started trading at $11.63 on the first day, sank to around $2 this April, and skyrocketed to a record high of $38.60 on Aug. 19.As of this writing, AST's stock trades at about $26 with a market cap of $4.2 billion, which is ...

Technology and innovation are the backbone of the global economy and the U.S. stock market. While there are times when commodity stocks, old economy companies, and value-oriented stocks can outperform, history teaches us that the most robust gains come from disruptive companies within the technology sector. For example, Meta Platforms ((META) unique social media platforms caught fire in the 2000s and led to breathtaking profits for investors. Though Alphabet ((GOOGL) was not first in the search engine arena ...

AST SpaceMobile TodayASTSAST SpaceMobile$28.00 -1.84 (-6.17%) 52-Week Range$1.97▼$39.08Price Target$43.73Add to WatchlistAfter seven years, over 3,350 patent and patent-pending claims, and more than $1 billion, AST SpaceMobile Inc. NASDAQ: ASTS finally launched its Block 1 first five Bluebird satellites on September 12, 2024. The launch went without a hitch, and the satellites are now in low earth orbit. AST SpaceMobile plans to offer the world's first and only space-based satellite cellular broadband netwo ...