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AST SpaceMobile (ASTS) Stock Sinks 10% on Deal News

AST SpaceMobile shares fell 10.5% as 24/7 Wall St. reported: AST SpaceMobile Falls 6% as SpaceX Spectrum Deal Closes Off Low-Band Option; Rocket Lab and Planet Labs Slip

Shares of AST SpaceMobile Inc. Cl A (ASTS) fell 10.5% to $50.97 in the session of Friday, October 9, on volume of 54.32M shares.

The move came as 24/7 Wall St. reported: AST SpaceMobile Falls 6% as SpaceX Spectrum Deal Closes Off Low-Band Option; Rocket Lab and Planet Labs Slip.

Other coverage:

What the GTA data shows

  • Options: 272,231 calls vs. 133,216 puts traded (put/call 0.49), with $96.7M in call premium and $81.1M in puts; 12 contracts traded above their open interest.
  • Insiders (90 days): $619K bought and $3.1M sold in SEC Form 4 filings.
  • Market value: about $19.8B · Consumer Discretionary.

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Written by the GTA Research Desk from GTA Terminal data. Not investment advice.

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