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Why Globalstar Stock Zoomed 25% Today

TheMotleyFool

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Shares of small-cap satellite communications company Globalstar (NYSEMKT: GSAT) closed 24.8% higher on Wednesday on no discernible news -- and that's not really surprising.

Fact is, Globalstar's stock price tends to hop around quite a lot, up one day, down the next, whether or not there's an obvious reason for moves.

Image source: Getty Images.

Source Fool.com

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