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3 Reasons to Buy AST SpaceMobile Stock Like There's No Tomorrow
The Motley Fool· 2024-09-24 10:06
AST SpaceMobile is a high-risk stock, but it is on the cusp of a very important business achievement.AST SpaceMobile (ASTS 0.41%) is about to go from a company with big dreams to one that is making its dreams a reality. This is a pivotal moment for the company and its partners, which includes telecom giants like AT&T (T -0.23%) and Verizon (VZ -0.16%). If you don't mind taking on high-risk investments, now is probably the time to start getting excited about AST SpaceMobile's long-term future.AST SpaceMobile ...
Is AST SpaceMobile Stock a Millionaire Maker?
The Motley Fool· 2024-09-24 09:59
The developer of LEO satellites has been a red-hot stock over the past year.AST SpaceMobile (ASTS 0.41%) took investors on a wild ride after it went public by merging with a special purpose acquisition company (SPAC) on April 7, 2021. The low earth orbit (LEO) satellite developer's stock started trading at $11.63 on the first day, sank to around $2 this April, and skyrocketed to a record high of $38.60 on Aug. 19.As of this writing, AST's stock trades at about $26 with a market cap of $4.2 billion, which is ...
AI & Space Stocks: Two Megatrends to Ride Over the Next Decade
ZACKS· 2024-09-18 19:16
Technology and innovation are the backbone of the global economy and the U.S. stock market. While there are times when commodity stocks, old economy companies, and value-oriented stocks can outperform, history teaches us that the most robust gains come from disruptive companies within the technology sector. For example, Meta Platforms ((META) unique social media platforms caught fire in the 2000s and led to breathtaking profits for investors. Though Alphabet ((GOOGL) was not first in the search engine arena ...
Maximize Gains: Invest in AST SpaceMobile's 5G Breakthrough
MarketBeat· 2024-09-18 12:08
AST SpaceMobile TodayASTSAST SpaceMobile$28.00 -1.84 (-6.17%) 52-Week Range$1.97▼$39.08Price Target$43.73Add to WatchlistAfter seven years, over 3,350 patent and patent-pending claims, and more than $1 billion, AST SpaceMobile Inc. NASDAQ: ASTS finally launched its Block 1 first five Bluebird satellites on September 12, 2024. The launch went without a hitch, and the satellites are now in low earth orbit. AST SpaceMobile plans to offer the world's first and only space-based satellite cellular broadband netwo ...
Should You Buy AST Space Mobile Stock Right Now?
The Motley Fool· 2024-09-16 14:16
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
3 Millionaire-Maker Space Stocks
The Motley Fool· 2024-09-16 14:15
Speculative investors' next great opportunities are (literally) out of this world.Historically, space exploration and putting satellites into orbit has been within the purview of government-funded agencies like NASA.That's changing, though. For-profit corporations can handle this work at least as cost-effectively as government-run organizations can. Elon Musk's SpaceX recently facilitated the world's first-ever private citizen spacewalk, for example, while Jeff Bezos' Blue Origin is mainstreaming space tour ...
AST SpaceMobile: Buy, Sell, or Hold?
The Motley Fool· 2024-09-15 12:00
The space-based cellular provider has had a deluge of good news in 2024. Is now the time to buy?Over the past few months, AST SpaceMobile (ASTS 11.35%) stock has surged an astounding 971%. This growth came amid agreements with major telecommunications players such as AT&T and Verizon Communications, validating its position in the space-based cellular broadband network industry and providing much-needed capital for the up-and-coming company.AST SpaceMobile's collaboration with two leading communications prov ...
AST SpaceMobile Stockholders Should Brace for Serious Share Dilution
The Motley Fool· 2024-09-15 11:07
AST SpaceMobile's announced stock offerings already promise dilution of 17.5% -- and this is only the beginning.After going from $5 a share at the start of the year to less than half that by May to an all-time high north of $38 a share back in August, would-be satellite communications stock AST SpaceMobile (ASTS 11.35%) has taken its shareholders on a wild, wild ride in 2024.But buckle up, investors: This ride is far from over and it could get even bumpier in the quarters to come.Marvel at AST's amazingly b ...
Why AST SpaceMobile Stock Surged Higher Friday
The Motley Fool· 2024-09-13 18:59
AST SpaceMobile successfully sends its first five satellites into orbit.AST SpaceMobile (ASTS 11.89%) achieved a long-awaited milestone yesterday, and shares are rocketing higher today. The launch of its first commercial satellites represents the start of a planned network that will be the first and only satellite array to bring the internet directly to standard, everyday smartphones.Investors are pouring into the stock today after the launch. As of 2:05 p.m. ET, AST shares were higher by 12.3%.More space l ...
Why AST SpaceMobile Stock Just Crashed 10%
The Motley Fool· 2024-09-12 14:50
AST SpaceMobile had great news for investors today. So why are they selling AST stock?AST SpaceMobile (ASTS -12.29%) stock tumbled 10.5% through 10:10 a.m. ET this morning on what -- one would think -- was actually some pretty good news. (And as we'll see, that may be the problem.)Overnight, SpaceX successfully launched five AST BlueBird satellites into orbit from its launch pad at Cape Canaveral. Once set in their orbits, says AST, it will begin offering "approximately 100% nationwide coverage from space w ...