Why AST SpaceMobile Stock Popped Again Today
AST SpaceMobile (NASDAQ: ASTS) stock shot up 14.5% through 10 a.m. ET Thursday after the satellite communications stock announced it has signed a "definitive commercial agreement" with existing partner Verizon (NYSE: VZ) to "provide space-based direct-to-device connectivity to everyday cellphones" across the United States.
The agreement is set to go into effect in 2026.
Image source: Getty Images.
Source Fool.com
Verizon Communications Inc. Stock
€43.55
-0.260%
Verizon Communications Inc. is currently one of the favorites of our community with 11 Buy predictions and no Sell predictions.
On the other hand, the target price of 42 € is below the current price of 43.55 € for Verizon Communications Inc., so the potential is actually -3.56%.


