Will Globalstar hit new highs following Amazon acquisition speculation?

Globalstar shares surged ~14% to $78.10 in premarket trading on April 2, 2026, after reports the satellite-communications company is in acquisition talks with Amazon. The potential deal is a materially positive catalyst for the equity, driving strong buying, but remains unconfirmed so upside is speculative until a definitive agreement is announced.

Analysis

Globalstar shares surged ~14% to $78.10 in premarket trading on April 2, 2026, after reports the satellite-communications company is in acquisition talks with Amazon. The potential deal is a materially positive catalyst for the equity, driving strong buying, but remains unconfirmed so upside is speculative until a definitive agreement is announced.