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AST SpaceMobile Stock Faces Big Monday Test After FCC Win, BlueBird Setback
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AST SpaceMobile Stock Faces Big Monday Test After FCC Win, BlueBird Setback
AST SpaceMobile will report first-quarter results Monday following a 14.8% surge in shares Friday, as investors watch for updates after last month’s BlueBird 7 launch failure. The FCC recently cleared AST to deploy a 248-satellite constellation for direct-to-device service in the U.S. The company plans to launch three more BlueBird satellites in June aboard SpaceX’s Falcon 9. Analysts expect a first-quarter loss of 23 cents per share on $39 mill…
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