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-0.00453487685310965 -0.0018309609591873 -0.00502037682357802 0.0109267024983757 0.0126986002008151 0.0126986002008151 0.0126986002008151 0.0126986002008151
Stock impact report

Why AST SpaceMobile Stock Crashed Today [Yahoo! Finance]

AST SpaceMobile, Inc. - Class A (ASTS) 
Company Research Source: Yahoo! Finance
10 stocks we like better than AST SpaceMobile › AST SpaceMobile (NASDAQ: ASTS) stock tumbled 10.8% through 2:30 p.m. ET Wednesday after Scotiabank analyst Andres Coello cut his price target on the shares and downgraded the stock to sector underperform ( i.e., "sell" AST SpaceMobile famously signed up a series of marquee telecom names , including Verizon (NYSE: VZ) and AT&T (NYSE: T) , to market its services to their customers. Yet Coello says AST lacks even one "single retail customer" signed up on its own. The company has committed to launching roughly "50 satellites" by "late 2026 or early 2027," but in 2025 was able to launch only one, and it has only six satellites total in service today. Customer adoption in the U.S. and Japan is described as "slow," and the prices AST has been able to charge are called "modest." Even assuming AST builds and launches all the satellites it has promised, the analyst notes this will entail such high capital spending costs that it will prevent Show less Read more
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