Why AST SpaceMobile Stock Just Crashed 10%

Core Viewpoint - AST SpaceMobile's stock experienced a significant decline despite the successful launch of five BlueBird satellites, which was expected to enhance nationwide coverage and data speeds [1][2]. Group 1: Stock Performance - AST SpaceMobile's stock fell by 10.5% shortly after the launch announcement, indicating a potential sell-off by investors [1]. - The stock had previously surged from around $2 in May to nearly $39 in August, driven by anticipation of the satellite launch [2]. Group 2: Future Catalysts - Despite the current sell-off, there are several upcoming catalysts that could positively impact AST's stock, including successful operation of the BlueBird satellites and announcements of completed calls [3]. - Additional corporate partnerships with telecom companies are also anticipated, which could provide necessary funding for further satellite launches and business scaling [3].