Market News / Story
ASTS Stock Slides After-Hours As SpaceX Snags Grain Spectrum: Analyst Who Called The Deal Says ‘Ligado Is Next’

Stocktwits ·
Stocktwits reports: Shares of AST SpaceMobile (ASTS) slid 4% after hours on Thursday after SpaceX agreed to acquire nationwide spectrum AST had pursued, prompting telecom analyst Roger Entner, who predicted the Starlink deal in August, to say North American satcom firm Ligado Networks could be next. ASTS stock fell 6% on Thursday to close at $56.93, its lowest close in over a month. Shares are down nearly 3% for the week, on track for a second consecutive weekly decline. AT&T (T), T-Mobile…

