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Why AST SpaceMobile Stock Soared This Week


AST SpaceMobile (NASDAQ: ASTS) stock jumped more than 30% this week, bringing its year-to-date returns to about 250%. This week's surge comes with a big satellite launch on the horizon.

As of late-morning Friday, AST shares were 32% higher for the week, according to data provided by S&P Global Market Intelligence.

Image source: Getty Images.

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Source Fool.com

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