Globalstar: The Next Big Satellite Winner After Deal With Apple?

Globalstar NYSEAMERICAN: GSAT is a stock that had fallen by the wayside for many investors throughout 2024, until recently. Shares were down 45% through the end of October. However, in just two trading days afterward, they rose 53%. This was due to the communications company’s expanded deal with tech giant Apple NASDAQ: AAPL, which has put Globalstar back on the radar of many investors. Now, shares sit just under flat on the year, providing a total return of -5%. Globalstar TodayGSATGlobalstar$1.98 +0.13 ( ...