Software-defined terrestrial wireless platform

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GSAT Hits 52-Week High: Time to Take Profits or Hold for More Gains?
ZACKSยท 2025-10-10 16:25
Key Takeaways Globalstar jumped 55.3% in a month, outperforming peers and setting a new 52-week high.IoT subscriber growth, wholesale capacity gains and new collaborations strengthen performance.Intense competition in the Satellite and Communications space is a concern.Globalstar, Inc. (GSAT) stock crafted a new 52-week high of $47.32 last day while pulling back to $47.06 at the end of the trading session. GSAT has captured investor attention with an impressive 55.3% rally over the past month, outperforming ...