ASTS Stock Jumps Overnight: Analyst Estimates $50M Each For 3 Early BlueBirds — Retail Bulls Defend Spending
Shares of AST SpaceMobile (ASTS) rose nearly 3% overnight heading into Wednesday as investors debated the cost of three early BlueBird satellites. Analyst Tim Farrar estimated they cost about $50 million each, while retail bulls expect costs to fall as AST launches more satellites per flight.ASTS s…