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ASTS, SPCX And NN Stocks Slide: Clear Street Calls FCC Meeting Agenda Mixed For AST SpaceMobile
Stocktwits ·
Stocktwits reports: AST SpaceMobile (ASTS) shares sold off as investors digested an early look at the Federal Communications Commission’s October 29 agenda, which Clear Street called a mixed signal for the satellite-to-phone company, even as the firm kept its ‘Buy’ rating. The agenda, which Clear Street said was released a day sooner than markets expected, lists three wireless proposals from Chairman Brendan Carr. None of the satellite items is a final rule. They are proposals the…
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