Story preview
Topics in this story
Continue reading on the publisher site for the full article.
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
12
in the last 3 days
First reported
3 days ago
11 outlets since
Countries
11 other outlets reported this story in the last 3 days.
AST SpaceMobile stock is down 31% in three months after a $1B debt raise and a delayed satellite target, yet the Street’s mean target barely moved.
B. Riley turned cautious on AST SpaceMobile as rising competition, pricing uncertainty and launch delays add pressure to the company’s satellite-network expansion plans.
AST SpaceMobile (ASTS) was in the spotlight on Friday after B. Riley downgraded the satellite-connectivity company, highlighting challenges for the space firm due to stronger competition, launch delays and potentially higher constellation costs.ASTS shares were down 0.4% at the time of writing, tra…