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AST SpaceMobile Stock Blasts Off After Verizon Deal
Schaeffers Investment Research·2025-10-08 22:55

ASTS is up nearly 300% in 2025, but still has short covering potentialTech stocks are up off the mat today, thanks in large part to AST SpaceMobile Inc (NASDAQ:ASTS). The satellite designer and Starlink competitor inked a commercial agreement with Verizon Communications (VZ) for direct-to-device cellular service to customers beginning in 2026. In response, ASTS was last up 7.5% to trade at $80.35. The new agreement with Verizon for space-based cellular broadband services adds another layer of legitimacy to ...