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Benzinga
Benzinga
Business
Henry Khederian

AST SpaceMobile Stock Hits New All-Time High After Verizon Deal: What's Next?

AST AST SpaceMobile Verizon ASTS AST SpaceMobile Inc
AST Spacemobile

Shares of AST SpaceMobile Inc (NASDAQ:ASTS) are surging this week following a roller-coaster of news that ultimately left investors optimistic. Here’s what investors need to know.

What To Know: The stock’s major ascent was fueled by Wednesday’s announcement of a definitive commercial agreement with Verizon. Starting in 2026, the partnership will enable direct-to-cellular service from AST’s satellite network to Verizon customers’ standard smartphones, significantly extending coverage.

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