Why AST SpaceMobile Stock Popped 7% on Tuesday
The Motley Fool
JUNE 11, 2024
The cellphones-to-satellites-to-cellphones communications company filed a Form S-3 with the Securities and Exchange Commission (SEC) this morning, advising that one of its shareholders intends "from time to time" to sell up to 10.4 AST SpaceMobile (NASDAQ: ASTS) stock jumped 6.8% through 11 a.m. million shares of AST.
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