Why AST SpaceMobile Stock Is Soaring Today
AST SpaceMobile(ASTS) The Motley Fool·2025-01-03 19:28
AST SpaceMobile (ASTS 9.93%) stock is surging in Friday's trading. The space-tech company's share price was up 9.2% as of 2 p.m. ET, while the S&P 500 index and the Nasdaq Composite index were up 1.2% and 1.7%, respectively.AST SpaceMobile stock is gaining ground in conjunction with bullish momentum for the broader market and excitement surrounding SpaceX's scheduled rocket launch tonight. Even though the two companies are competitors, investors are viewing wins for SpaceX as a bullish indicator for the bro ...