Prediction: AST SpaceMobile Will Hit $100 on This Date

Prediction: AST SpaceMobile Will Hit $100 on This Date

AST SpaceMobile (NASDAQ:ASTS) is the only public company beaming 4G and 5G directly to unmodified smartphones from low Earth orbit. CEO Abel Avellan calls it “the only technology positioned to capture the massive direct to device broadband opportunity in full.” Shares are up just 11.06% year to date despite a constellation buildout that should reach ... Prediction: AST SpaceMobile Will Hit $100 on This Date

CEO-Linked Entity Files To Offload $183M AST SpaceMobile (NASDAQ: ASTS) Shares, Sending Stock Price Sliding

AA Gables 2, LLC filed a notice for the proposed sale of 2.5 million AST SpaceMobile (NASDAQ: ASTS) Class A common shares, with an aggregate market value of approximately $183 million. Citigroup Global Markets was listed as the broker for the transaction, with the filing noting no securities had been sold by AA Gables 2 in the prior three months. The key detail drawing investor attention is that Abel Avellan, AST SpaceMobile’s founder, chairman …