AST SPACEMOBILE10h ago
AST SpaceMobile Stock Is Down 50% From Highs, and Just Raised $1 Billion to Shore Up Its Satellite Internet Plans. Here's Why I Am Still Not Buying Shares.
AST SpaceMobile recently raised $1 billion through a convertible bond offering as its stock price sits about 50% below its recent peak. While the company aims to provide direct-to-smartphone satellite internet, the path …