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Why Is AST SpaceMobile (ASTS) Stock Surging In After Hours? - AST SpaceMobile (NASDAQ:ASTS)

Summary by Benzinga
AST SpaceMobile Inc. (NASDAQ:ASTS) shares surged 3.85% to $73.40 after the bell on Wednesday following a Securities and Exchange Commission filing in which Japanese mobile network operator Rakuten Mobile Inc. disclosed that it had completed its pre-planned share sale, offloading approximately 4.5 million shares between Apr. 27 and May 5. According to the SEC filing, shares were sold at prices ranging from $65.32 to $76.30. Rakuten continues to h…

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foreignpolicyjournal.com broke the news on Wednesday, May 6, 2026.
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