🟢 ASTS is trading 5.2% up today on news of a major joint venture between AT&T, T-Mobile, and Verizon

ASTS is trading at $94.24 (+5.2%) and extending a multi-day rally following the announcement of a significant joint venture that validates its technology.

• Shares have climbed more than 28% over the last seven trading sessions.
• The rally is fueled by news that AT&T, T-Mobile, and Verizon are forming a joint venture to expand mobile connectivity into 'dead zones' using satellite-based technologies, directly benefiting AST SpaceMobile.
• This industry partnership serves as a major validation of AST SpaceMobile's business model and growth strategy.