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
€34.69
0.430%
With 14 Buy predictions and not the single Sell prediction the community is currently very high on Verizon Communications Inc..
As a result the target price of 43 € shows a positive potential of 23.97% compared to the current price of 34.69 € for Verizon Communications Inc..


