Should You Buy AST SpaceMobile While It's Below $38?
AST SpaceMobile(ASTS) The Motley Fool·2024-10-19 08:17
Investor excitement about AST SpaceMobile is up, pushing the stock to a 52-week high of $38. Could this satellite network provider go even higher?AST SpaceMobile (ASTS -1.23%) is one giant leap closer to the finish line. Based on the news flow around the company's plan to build a space-based broadband cellular network, the shares were bid up to around $38 in mid-August. Then, as is so common on Wall Street, investors got bored and moved on. AST SpaceMobile's stock currently trades at around $24 per share. I ...