ASTS - Why AST SpaceMobile Stock Keeps Rocketing Higher
2024-03-13 13:29:34 ET
The stock of AST SpaceMobile (NASDAQ: ASTS) popped again on Wednesday, after the satellite communications company announced on Tuesday that it has updated its filings with the International Telecommunication Union (ITU) for its V-band application with the Federal Communications Commission (FCC).
Through 11:30 a.m. ET today, AST SpaceMobile stock was up 11.3%.
AST says it has "agreements and understandings" with more than 40 mobile network operators around the world, but the company develops and manufactures its communications satellites primarily in the U.S.
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Why AST SpaceMobile Stock Keeps Rocketing Higher