AST SpaceMobile Stock Reverses Higher Despite Missing on Both Top and Bottom Lines
AST SpaceMobile Inc. (NASDAQ: ASTS ) shares are trading higher Tuesday, reversing an initial decline after the company reported second-quarter results Monday after the market closed. AST SpaceMobile stock is building positive momentum. Why is ASTS stock trading higher? Q2 Results Miss Estimates; Backlog Grows to $1.3B