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✉news BusinessRetail first seen 1 d ago, last 1 d ago, peak #36

AST SpaceMobile Rises as It Names New Commercial Chief

Original: ASTS Stock Rises Overnight: New Commercial Chief Brings Google Fi, SiriusXM Chops While Retail Weighs Big 3 Satellite JV

AST SpaceMobile stock climbed in overnight trading after the company named a new commercial chief whose background includes roles at Google Fi and SiriusXM. Retail investors are also weighing a reported joint venture involving the three major US carriers in the satellite space, adding to optimism around the company's direct-to-device ambitions.

Why now: The executive hire and the potential Big 3 satellite joint venture are fueling renewed investor interest in the stock.

AST SpaceMobileGoogle FiSiriusXM

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