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Up 4x This Year, Does AST SpaceMobile Stock's Rally Have Legs?
Forbesยท 2025-10-13 12:05
Photo illustration by Cheng Xin/Getty ImagesGetty ImagesAST SpaceMobile stock (NASDAQ:ASTS) soared nearly 32% last week and has risen almost 4x year-to-date. The company is constructing a space-based cellular broadband network that connects directly to standard smartphones without requiring additional hardware for commercial and governmental utilization. The recent increase followed the announcement of a significant commercial partnership with Verizon to offer space-based cellular coverage throughout the co ...