Sentiment: Negative
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AST SpaceMobile (ASTS) Stock Sinks 6% After Securities Lawsuit Filed
By Trader Edge at 2026-11-07 04:46
Sentiment: Negative
TLDR ASTS stock dropped 6% to $56.93 on Thursday, trading well above its average daily volume. A new securities class action lawsuit accuses the company of understating its cash needs and liquidity risks. Wall Street rates the stock a Hold with an average price target of $84.58, down from recent highs. The company missed both [...] The post AST SpaceMobile (ASTS) Stock Sinks 6% After Securities Lawsuit Filed appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Stocks
Source Coin Central