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-0.00034211426616475 -0.00205268559698931 -0.00202645683658327 -0.002166723685711 -0.00205268559698931 -0.00307902839548405 -0.00490363781503014 -0.00570190443608165
Stock impact report

The Market Didn't See AST SpaceMobile's Move Coming. These 2 Stocks Are Next to Watch. [Globe and Mail, The (Toronto, Canada)]

AST SpaceMobile, Inc. - Class A (ASTS) 
Joby's stock will surge once its first commercial flights take off. AST SpaceMobile (NASDAQ: ASTS) , a developer of low Earth orbit (LEO) satellites for cellular connections, went public through a merger with a special-purpose acquisition company (SPAC) just over five years ago. Its stock closed at $11.81 per share on its first day, but sank to a record low of $2.01 on April 2, 2024. It lost its luster as it repeatedly delayed the long-awaited launch of its first BlueBird Block 1 (BB1) commercial satellites, racked up steep losses, and faced stiff competition from SpaceX's Starlink. But today, its stock trades at about $85. That comeback was driven by its deals with telecom giants like AT&T and Verizon , the launch of its first five BB1 satellites in September 2024, and the launch of its first BlueBird Block 2 (BB2) satellite -- which can process ten times more data than its predecessor -- last December. It also impressed the bulls with its goal of reaching 60 satellites in orbit Show less Read more
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