Ast Spacemobile Inc is trading at $96.75 (+5.09%) after confirming a June 17 launch for BlueBird 8, 9, and 10, a key step in the company’s network deployment plan.
- The launch update has significantly lifted pre-market sentiment as the company moves forward with its deployment strategy.
- Shares are rebounding from a low of $92.06 on June 8 following a period of recent volatility.
- While broader U.S. equities are firmer this morning, the company-specific satellite news is the primary catalyst for the move.