Why AST SpaceMobile Stock Jumped 64% in October
The share price of AST SpaceMobile (NASDAQ: ASTS), a development-stage maker of satellites used to deliver broadband, was surging last month on a combination of momentum leading into October, after it said it completed assembly of its Bluebird 6 satellite, and as it signed a new deal with Verizon Communications.
By the end of the month, the stock price was up 64%, according to data from S&P Global Market Intelligence. As you can see from the chart below, the stock jumped through the first half of the month before giving back some of those gains in the second half of October.
Source Fool.com
Verizon Communications Inc. Aktie
35,19 €
0,07 %
Einseitige Zustimmung für Verizon Communications Inc. mit mehreren Buy- und keiner Sell-Einschätzung.
Für Verizon Communications Inc. ergibt sich mit einem Kursziel von 43 € eine mögliche Steigerung von über 20% gegenüber 35.19 €.
