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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.

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Source Fool.com

Verizon Communications Inc. Stock

€40.61
1.330%
There is an upward development for Verizon Communications Inc. compared to yesterday, with an increase of €0.53 (1.330%).
With 11 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 slightly positive potential of 5.9% compared to the current price of 40.61 € for Verizon Communications Inc..
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