ASTS Stock Recent News
ASTS LATEST HEADLINES
Investors sold off tech stocks hard on Monday, with the Nasdaq down 1.5% through 11:30 a.m. ET, versus drops of only 0.6% for the broader S&P 500 , and actually a tiny gain for the Dow Jones Industrial Average.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Many space-oriented stocks went public by merging with special purpose acquisition companies (SPACs) over the past few years. However, most of those stocks crumbled as rising interest rates drove investors toward more conservative sectors.
ASTS, ACHC and ASX have been added to the Zacks Rank #5 (Strong Sell) List on March 21, 2025.
AST SpaceMobile (ASTS -4.03%) stock fell 3.2% through 10:10 a.m. ET Tuesday on some disconcerting news out of the Securities and Exchange Commission (SEC).
AST SpaceMobile's (ASTS 7.77%) stock took a big bounce after the company reported fourth-quarter results last week. At one point, shares of the satellite communications start-up were up 32% from their pre-earnings price, and even after Monday's steep price decline, they're still higher than they were before the report came out.
AST SpaceMobile (ASTS -0.11%) wants to connect the world. The company plans to be the leader in using satellite technology to bring broadband directly to cellphone users across the globe.
WILMINGTON, Del.--(BUSINESS WIRE)--Law firms Grant & Eisenhofer and Levi & Korsinsky issued the following statement regarding that disposition of investor class action AST SpaceMobile, Inc., Stockholders Litigation: Notice is hereby provided to all persons holding shares of AST SpaceMobile, Inc. (Nasdaq: ASTS) who previously held shares of New Providence Acquisition Corp. (Nasdaq: NPA). The purpose of this notice is to inform you about developments with respect to litigation in the Dela.
Despite broad market volatility, momentum remains a powerful indicator of future price trends. Over the past month, a few standout stocks have climbed at least 20%, catching the attention of investors looking for sustained upside.
With a downtrend in estimate revisions, ASTS appears to be a risky investment option at the moment.