ASTS Stock Recent News

The space sector and other speculative avenues have fallen out of favor with investors in the past couple of years, but there are still potential multibagger space stocks. Sector bellwethers such as Virgin Galactic (NYSE: SPCE ) have lost nearly all the gains made during the peak in 2021.

One of the golden rules in the market (and in life) is that you get what you pay for, which makes the concept of cheap tech stocks a bit questionable. Yes, they may be cheap, priced at under $10.

AST SpaceMobile is trying to build a space-based cellular broadband service. The company has proven the technology works.

AST SpaceMobile has a grand goal and an interesting business model. It is only just starting to build out its network of broadband satellites.

How would you like to turn a $100,000 investment into $1 million? This may become a reality with a space stocks bet.

It's trying to build a space-based cellular broadband telecommunications network. So far, the company has exactly one broadband-capable satellite in orbit today.

Looking for rock-solid stocks set to double in a year or less isn't easy. Just a few years ago, in the mid-ZIRP era, it was easy (relatively speaking).

Interest rate-cut hopes just got dashed when March inflation reports came in hotter than expected. Rocket Lab is preparing to reuse a previously flown Electron rocket for the first time ever.

The heavy selling pressure might have exhausted for AST SpaceMobile (ASTS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

AST SpaceMobile delayed the launch of its first commercial satellites until at least July. The company blamed issues with two outside suppliers impacting completion of pre-launch integration and testing work.