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Why AST SpaceMobile Stock Rocketed 250% Higher in 2024
ASTSAST SpaceMobile(ASTS) The Motley Fool·2025-01-12 01:30

Shares of satellite designer and manufacturer AST SpaceMobile (ASTS -0.62%) rocketed 250% higher in 2024, according to data provided by S&P Global Market Intelligence. The space company made significant progress establishing its spaced-based cellular broadband network during the year and inked deals with major telecommunications giants, which sent shares soaring.A banner year for AST SpaceMobileAST SpaceMobile aims to transform global communication by delivering reliable cellular broadband through its low-E ...