Why AST SpaceMobile Skyrocketed 121.5% in the First Half of 2025 and Has Kept Surging

AST SpaceMobile (NASDAQ: ASTS) stock rocketed higher in the first half of this year's trading thanks to some strong business results and signs that the space industry will continue heating up. The company's share price surged 121.5% across the stretch, according to data from S&P Global Market Intelligence. Meanwhile, the S&P 500 index's level rose 5.5% over the period.Image source: Getty Images.AST SpaceMobile saw valuation swings that amounted to relatively little cumulative movement across the first five months of the year, but the stock really took off in June's trading. The company published a press release on June 13, announcing that it had reached terms to secure new licensing for L-Band wireless spectrum that would extend for more than 80 years. The deal will enable AST to gain access to wireless frequency channels it can use to distribute its space-based cellular broadband services.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool