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ASTS
55.52
+ 0.02%
Signal: -94.0
Recovering
AST SpaceMobile, Inc.
Telecom

News Sentiment

2h 39m ago
Bullish 65%
Bearish 35%

News Summary

The company has experienced extreme stock volatility, with a remarkable 156.6% year-to-date gain but a significant 30.1% pullback over the past month. Despite this volatility, the company is expanding its U.S. manufacturing footprint with new sites in Texas and Florida, accelerating production of its next-generation satellite models. This expansion aims to strengthen innovation and satellite output as the company works to build the first space-based cellular broadband network accessible directly by everyday smartphones, employing over 1,800 professionals.
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