We recently published 10 Stocks Facing Selling Pressure Ahead of Christmas. AST SpaceMobile (NASDAQ:ASTS) is one of the biggest losers on Monday. AST SpaceMobile snapped a two-day rally on Monday, shedding 11.6 percent to close at $67.81 apiece as investors soured on the delay of its next-generation satellite launch. Supposedly set for December 15 at the Satish Dhawan Space Center in India, AST SpaceMobile (NASDAQ:ASTS) said that BlueBird 6 takeoff has been pushed back to Sunday, December 21. AST SpaceM ...

AST SpaceMobile logo in bold orange lettering floating above Earth against a dark, star-filled space background with subtle network-style connection lines. Key Points AST SpaceMobile is slated to launch its next BlueBird 6 satellite next week. BlueBird 6 is 3.5 times as large as its predecessors and is expected to support 10 times their data capacity. Despite gaining more than 265% this year, ASTS is still favorable among Wall Street’s institutional investors and has a $1 billion revenue pipeline await ...

Core Insights - AST SpaceMobile Inc. (NASDAQ:ASTS) has seen a significant increase in stock performance, rising by 31.53% week-on-week, driven by the anticipation of its next-generation satellite launch and expansion plans [1][3]. Group 1: Upcoming Launch - The company is set to launch its newest satellite, BlueBird 6, from the Satish Dhawan Space Center in India on December 15 [2]. - BlueBird 6 will feature the largest commercial phased array in low Earth orbit at nearly 2,400 square feet, which is 3.5 times larger than previous generations and supports 10 times the data capacity [3]. Group 2: Expansion Plans - In conjunction with the satellite launch, AST SpaceMobile plans to expand its manufacturing sites in Texas and Florida to increase production capacity for BlueBird 6 [5]. - The expansion aims to strengthen the supply chain and enhance high-technology manufacturing in the United States, allowing for faster and more efficient satellite production [5][6]. Group 3: Leadership and Vision - The Chairman and CEO of AST SpaceMobile, Abel Avellan, emphasized the company's commitment to providing cellular broadband coverage directly to smartphones from space, showcasing US leadership in space innovation [4]. - The company aims to close connectivity gaps and deliver cellular broadband where it is most needed, with plans for five launches from December 15 until March 2026 [6].

AST SpaceMobile (ASTS) stock is up nearly 20% today amid renewed excitement around the upcoming launch of its next-generation satellite, BlueBird 6. Investors seem convinced that the Dec. 15 event will expand ASTS’ direct-to-smartphone satellite coverage, a milestone that could meaningfully advance its commercial rollout. More News from Barchart Following today’s rally, AST SpaceMobile stock is up more than 300% versus its year-to-date low. www.barchart.com What the BlueBird 6 Launch Means for ASTS St ...