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Why AST SpaceMobile Stock Popped Again Today


AST SpaceMobile (NASDAQ: ASTS) stock shot up 14.5% through 10 a.m. ET Thursday after the satellite communications stock announced it has signed a "definitive commercial agreement" with existing partner Verizon (NYSE: VZ) to "provide space-based direct-to-device connectivity to everyday cellphones" across the United States.

The agreement is set to go into effect in 2026.

Image source: Getty Images.

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Source Fool.com

Verizon Communications Inc. Stock

€34.74
0.710%
Verizon Communications Inc. gained 0.710% compared to yesterday.
Verizon Communications Inc. is currently one of the favorites of our community with 16 Buy predictions and no Sell predictions.
With a target price of 42 € there is a positive potential of 20.9% for Verizon Communications Inc. compared to the current price of 34.74 €.
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