AST SpaceMobile Shares Jump After Cantor Fitzgerald Initiates Coverage With Overweight Rating

MT Newswires Live

02/07

AST SpaceMobile (ASTS) shares were up more than 11% in recent Thursday trading after Cantor Fitzgerald began covering the stock with an overweight rating.

The firm set a $30 price target.

Trading volume was more than 14.5 million shares, exceeding the daily average of about 9.5 million shares.

Price: 27.47, Change: +2.76, Percent Change: +11.17

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