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Why AST SpaceMobile Stock Was Sliding Today
Yahoo Finance· 2026-01-22 04:39
Key Points Blue Origin said it was launching its own space satellite network in late 2027. Both AST SpaceMobile and EchoStar fell on the news. Trading at a triple-digit sales multiple, AST is a speculative stock. 10 stocks we like better than AST SpaceMobile › Shares of AST SpaceMobile (NASDAQ: ASTS) were moving lower today as the maker of broadband-enabling satellites faced new deep-pocketed competition. Blue Origin, Jeff Bezos's space company, announced its own satellite communications network ...