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Why AST SpaceMobile Stock Is Bouncing Back


For the second day in a row, AST SpaceMobile (NASDAQ: ASTS) 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  placed "the world's first video call via satellite using a standard smartphone from a remote location" -- and used an AST satellite to do it.

And today? Today AST stock is flying 17.5% higher through 10:15 a.m. ET, and recouping all its losses from earlier in the week. Why? The Federal Communications Commission has just approved AST to begin testing its satellites in the United States.

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Source Fool.com

Vodafone Group Stock

€0.93
0.370%
Vodafone Group gained 0.370% compared to yesterday.
Based on 2 Buy predictions and 1 Sell predictions the sentiment towards Vodafone Group is rather balanced.
With a target price of 1 € there is a slightly positive potential of 7.2% for Vodafone Group compared to the current price of 0.93 €.
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