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Why AST SpaceMobile (ASTS) Stock Surged 5% on Friday

By Trader Edge at 2026-07-20 08:16

Sentiment: Positive

TLDR ASTS rose 5.1% Friday, trading as high as $61.67 on volume 62% above average B. Riley upgraded the stock to Buy with an $85 price target after a 44% six-month slide ASTS priced $1B in convertible senior notes due 2034, with capped calls pushing effective conversion to $149.20 BlueBird 10 satellite array successfully deployed; [...] The post Why AST SpaceMobile (ASTS) Stock Surged 5% on Friday appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks

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