Why AST SpaceMobile Stock Plunged Today
AST SpaceMobile(ASTS) The Motley Fool·2024-04-03 00:44The satellite designer just delayed the launch of its first commercial satellites for the third time.Shares of AST SpaceMobile (ASTS -23.57%) fell 23.6% on Tuesday after the satellite designer and manufacturer announced another delay in the launch of its first commercial satellites along with its fourth-quarter 2023 results.More delays for the launch of AST SpaceMobile's first commercial satellitesIn its fourth-quarter earnings press release after the market closed last night, AST SpaceMobile revealed that ...