AST SpaceMobile Is Plummeting Today. Is It Time to Buy the Stock?
The stock of AST SpaceMobile (NASDAQ: ASTS) is seeing big sell-offs in Friday's trading following the company's recent third-quarter report. The space-based telecom's share price was down 13.8% as of 11:45 a.m. ET today. Meanwhile, the S&P 500 index was down 1.3%, and the Nasdaq Composite index was down 2.1%.