Why AST SpaceMobile Stock Crashed Today

12.06.26 17:30 Uhr

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So it seems I was both right and right about the SpaceX (Nasdaq: SPCX) IPO.Right, because I predicted SpaceX IPO fever could drive space stocks higher. Indeed, shares of satellite communications company AST SpaceMobile (Nasdaq: ASTS) were at one point up 61% since my prediction.I was also right, unfortunately, about what would happen on the IPO date. And this, in a nutshell, is why AST stock fell 10.5% through 11:25 a.m. ET today.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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