Better Space Stock: AST SpaceMobile vs. Redwire
Booming space stocks have started to bust after a multiyear run. This timed up perfectly after the Space Exploration Technologies IPO last month, which has sent many stocks down in an elevator-like fashion in the ensuing weeks. AST SpaceMobile (NASDAQ: ASTS) is down 52% from its highs, while Redwire (NYSE: RDW) has fallen 64%, taking investors on a roller coaster of volatility.
The two space economy stocks are now trading at massive discounts compared to just a few weeks ago. But which is the better buy for your portfolio today? If you look at the numbers, the answer is clear.
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Source Fool.com
