Why AST SpaceMobile Stock Crashed Today

Key Points Scotiabank analyst Andres Coello downgraded AST SpaceMobile stock today. AST has struggled to launch satellites, and competes with the "unstoppable" Elon Musk and SpaceX. 10 stocks we like better than AST SpaceMobile › AST SpaceMobile (NASDAQ: ASTS) stock tumbled 10.8% through 2:30 p.m. ET Wednesday after Scotiabank analyst Andres Coello cut his price target on the shares and downgraded the stock to sector underperform (i.e., "sell"). Image source: Getty Images. Why Scotiabank dislikes ...