Why AST SpaceMobile Stock Soared Higher Today

Shares of AST SpaceMobile (ASTS 10.82%) jumped on Wednesday, finishing the day up 10.6%. The spike came as the S&P 500 and Nasdaq Composite were relatively flat. The satellite communications company announced a new partnership with a massive telecom provider in India.A major new partnership for AST SpaceMobileAST SpaceMobile announced a strategic partnership with Vodafone Idea (Vi), an Indian telecom giant with over 1.1 billion mobile subscribers. The deal will combine Vodafone's land-based network with AST ...