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AST SpaceMobile Sinks 7% as Satellite Rival Clears Regulatory Hurdle; Rocket Lab Drops 4%, Planet Labs Falls 5%

Source: 247wallst.com

Regulation & LegislationTechnology & InnovationCompany Fundamentals
AST SpaceMobile Sinks 7% as Satellite Rival Clears Regulatory Hurdle; Rocket Lab Drops 4%, Planet Labs Falls 5%

AST SpaceMobile shares fell 7% to $56 after a regulatory win for a satellite rival. The article says ASTS is being hit harder than other space stocks because its business depends on wireless carriers.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.30

Ticker Sentiment

ASTS-0.45

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