AST SpaceMobile stock falls on wider Q3 loss

seekingalpha
15 Nov 2024

enot-poloskun/E+ via Getty Images

AST SpaceMobile (NASDAQ:ASTS) shares fell 13% premarket on Friday after the communication services firm missed Wall Street estimates with its third quarter earnings.

The firm, which is building a space-based cellular broadband network, reported a loss of $171.95M for Q3 that widened from $20.91M in the

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