Why AST SpaceMobile Stock Is Bouncing Back

Good news follows bad at AST SpaceMobile stock.For the second day in a row, AST SpaceMobile (ASTS 17.41%) stock is hopping.AST shares tumbled earlier this week after the company floated $460 million in dilutive convertible debt to raise cash for building new direct-to-cell satellite communications satellites. Yesterday, however, AST stock posted a win after customer Vodafone placed "the world's first video call via satellite using a standard smartphone from a remote location" -- and used an AST satellite to ...