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Market Impact: 0.35

AST SpaceMobile Sinks 9% as Piper Sandler Cuts to Neutral on SpaceX Direct-to-Cell Threat; Planet Labs Drops 4%, Rocket Lab Slips

Source: 247wallst.com

Analyst InsightsCompany FundamentalsMarket Technicals & Flows
AST SpaceMobile Sinks 9% as Piper Sandler Cuts to Neutral on SpaceX Direct-to-Cell Threat; Planet Labs Drops 4%, Rocket Lab Slips

AST SpaceMobile shares fell 9% to $46.58 in morning trading after Piper Sandler downgraded the stock to Neutral. The decline leaves shares down 36% year to date and below their previous 52-week low of $47.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.40

Ticker Sentiment

ASTS-0.65

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