AST SpaceMobile Shares Fall After Announcing New Share and Debt Issuance
AST SpaceMobile stock drops as the company issues new shares and $1B in convertible notes to refinance debt and fund satellite expansion.
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Barclays Dramatically Cuts Rating on AST SpaceMobile Despite Strong Potential
Barclays downgrades AST SpaceMobile from Overweight to Underweight, maintaining $60 price target. Stock valuation concerns overshadow promising direct-to-cellular technology prospects.
Verizon Partners with AST SpaceMobile to Bring Satellite Connectivity to Your Phone
Verizon and AST SpaceMobile team up to deliver space-based cellular service starting in 2026, enabling regular smartphones to connect anywhere without special equipment.
AST SpaceMobile Gets a Big Boost from Barclays after Bluebird Update
Barclays hiked the AST SpaceMobile stock target to $60 (from $37) because the long-term future looks better, even with minor delays. AST's richer broadband/call/text products mean they can charge more than rivals' basic text-only plans.