Shares of space-based cellular broadband network provider AST SpaceMobile (NASDAQ: ASTS) continued their descent this week, falling by more than 20% over the past five trading sessions, as a new headwind has entered the fray.
On Thursday, Oct. 15, the stock hit a new one-year low and is now changing hands at levels not seen since September 2025. From its all-time high on May 28, ASTS is now down around 67%.
