Jim Cramer Says AST SpaceMobile Filing a “Big Convertible” is “Going to Push the Stock Down”

AST SpaceMobile, Inc. (NASDAQ:ASTS) is one of the stocks Jim Cramer recently answered questions about. When a caller asked about the company during the lightning round, Cramer said: “Okay, see this is the kind of company, alright, this is what I hate. I know that they filed a big convertible after the close. That is exactly what I’m most afraid of. That’s an equivalent of a big corporate finance. It’s going to push the stock down. That’s what I’m seeing with a lot of this speculative stuff. No, no, no.” ...