Why Globalstar Stock Crashed Today
Easy come, easy go. Shares of Globalstar (NASDAQ: GSAT) stock, the satellite communications company that's helping Apple (NASDAQ: AAPL) offer emergency SOS text service to its customers in cellphone dead zones, surged 5% on Tuesday after Clear Street brokerage raised its price target to $71.
On Wednesday, however, the stock gave back all those gains and more, closing the day down 9.6%. Why?
Image source: Getty Images.
Source Fool.com
Apple Inc. Aktie
Leichtes Buy-Interesse bei Apple Inc., mit mehr Buy- als Sell-Einschätzungen.
Ein positives, aber moderates Potenzial für Apple Inc. mit einem Kursziel von 225 € im Vergleich zu 215.1 €.


