AST SpaceMobile is trading 4.13% down now at $63.69 after investors continued reacting to second-quarter results that missed expectations.
- Revenue was $31.52 million versus approximately $35 million expected; adjusted EPS was -$0.77 versus -$0.28 expected.
- Broader risk-off trading amplified the decline, with the Nasdaq Composite down 0.85% and rising Treasury yields pressuring growth-oriented technology shares.
- Full-year revenue guidance remained $150 million to $200 million.