LOS ANGELES, June 4, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against AST SpaceMobile, Inc. ("AST SpaceMobile" or "the Company") (NASDAQ: ASTS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between November 14, 2023 and April 1, 2024, inclusive (the "Class ...

Key PointsAST SpaceMobile is building the world’s first and only space-based satellite cellular broadband network with deals like AT&T to provide SpaceMobile services, enabling 100% end-to-end cellular coverage of the United States.AST signed a deal with Verizon for a $100 million commitment to provide 100% coverage for the continental United States on 850 MHZ spectrum.AST SpaceMobile will commence commercial operations on the launch of its initial Bluebird satellites in July or August, pending FCC approval ...

This is a high-potential stock, but it's also very high risk.AST SpaceMobile (ASTS 1.27%) has been a top-performing stock over the past month, but is the stock a buy? Travis Hoium digs into the business and recent announcements in this video.*Stock prices used were end-of-day prices of June 3, 2024. The video was published on June 3, 2024. ...

The math may not add up to make AST SpaceMobile stock a long-term success.Space investors are in love with AST SpaceMobile (ASTS -1.60%) stock -- and for good reason.Three years ago, AST broke on the scene as a rather sketchy-looking special purpose acquisition company (SPAC) initial public offering (IPO). It promised to build "the first and only space-based cellular broadband network accessible directly by standard mobile phones," enticing investors with dreams of "five billion mobile subscribers" paying f ...

Discovering outperforming growth stocks today can be challenging. High-profile mega-caps like Nvidia (NASDAQ:NVDA) are often seen as overvalued but continue to rise, driven by a fear of missing out among investors eager to share in the tech sector’s gains. Likewise, those retail investors interested in smaller-cap opportunities feel as though they’re missing out by not buying the booming mega-caps — but there is a risk that this trend may abruptly end, potentially leaving millions of bagholders awaiting rev ...

NEW YORK, May 30, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against AST SpaceMobile, Inc. ("AST" or the "Company") (NASDAQ: ASTS).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether AST and certain of its officers and/o ...

With two big telecom customers, AST SpaceMobile stock looks more buyable -- but it's not yet a sure thing.AST SpaceMobile (ASTS 43.90%) stock is on a roll. Two weeks ago, this tiny telecommunications start-up signed a deal with AT&T (T -0.55%) to provide AT&T customers cellphone-to-cellphone broadband internet connections via AST SpaceMobile satellites in orbit. This morning, AST announced it will also extend this relationship to Verizon (VZ -0.70%) customers.AST SpaceMobile stock jumped 35% on the news (th ...

AST SpaceMobile (NASDAQ:ASTS) stock is on the rise Wednesday after the space-based wireless phone service company announced a deal with Verizon (NYSE:VZ).This deal has AST SpaceMobile agreeing to supply Verizon customers with its direct-to-cellular AST SpaceMobile service when needed. It also comes with a $100 million commitment from Verizon.AST SpaceMobile founder, chairman and CEO Abel Avellan said the following about the deal.“This new partnership with Verizon will enable AST SpaceMobile to target 100% c ...

Satellite-to-phones service provider AST SpaceMobile announced a partnership with Verizon on Wednesday, adding to the company's recent deal with AT&T to provide remote coverage across the United States.AST SpaceMobile is building satellites to provide broadband service to unmodified smartphones, in the nascent "direct-to-device" communications market.The company's chairman and CEO, Abel Avellan, touted AST's agreements with Verizon and AT&T as "essentially eliminating dead zones and empowering remote areas ...

Which of these three space stocks will win the profitability race?After a long holiday weekend, shares of U.S. space stocks took off like rockets on Tuesday. As of 1:20 p.m. ET, AST SpaceMobile (ASTS 6.09%) had gained 6.3% and seemed poised to resume its winning streak. Rocket Lab USA (RKLB 5.47%) wasn't far behind, up 5.6% after announcing a successful weekend rocket launch.Best of all was Virgin Galactic (SPCE 22.52%) stock. On Monday, multiple news outlets reported that the Swiss National Bank has been b ...