Why AST SpaceMobile Stock Jumped 64% in October
The share price of AST SpaceMobile (NASDAQ: ASTS), a development-stage maker of satellites used to deliver broadband, was surging last month on a combination of momentum leading into October, after it said it completed assembly of its Bluebird 6 satellite, and as it signed a new deal with Verizon Communications.
By the end of the month, the stock price was up 64%, according to data from S&P Global Market Intelligence. As you can see from the chart below, the stock jumped through the first half of the month before giving back some of those gains in the second half of October.
Source Fool.com
Verizon Communications Inc. Aktie
43,84 €
-0,26 %
Mehrere Buy-Einschätzungen geben Verizon Communications Inc. den Vorteil, ohne Sell-Einschätzungen.
Dadurch ergibt sich bei einem Kursziel von 45 € ein leicht positives Potenzial von 2.66% im Vergleich zum aktuellen Kurs von 43.84 € bei Verizon Communications Inc..
