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-0.000169836956521746 0.00147192028985502 -0.00316915760869563 -0.00645380434782617 -0.0108695652173914 -0.0168432971014493 0.00373641304347824 0.0182291666666667
Stock impact report

VanEck Associates More Than Doubled Its Stake in AST SpaceMobile. Is Now a Smart Time to Buy Shares of the Satellite Manufacturer? [Yahoo! Finance]

AST SpaceMobile, Inc. - Class A (ASTS) 
Company Research Source: Yahoo! Finance
The NYC-based privately owned investment manager now owns 782,041 shares of the satellite telecommunications start-up, a stake worth $69.7 million. Sound impressive? It gets better (for VanEck). According to SEC filings, the company's AST SpaceMobile stake was only worth $38.4 million at the time it disclosed its purchases. That means VanEck has already made an 81% profit on AST in less than six months. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Investors who've owned AST even longer have done even better. According to Yahoo! Finance data, AST stock has tripled over the last 12 months and is up 13.5 times over the last three years. Wall Street loves AST SpaceMobile Everyone loves a winner -- especially on Wall Street. As MarketBeat points out, institutional investors have Show less Read more
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