The Latest Breaking News from GSAT

Shares of Globalstar, Inc. (GSAT) are surging Monday, riding a wave of investor enthusiasm following the blockbuster announcement that SpaceX will acquire EchoStar’s AWS-4 and H-block spectrum licenses for approximately $17 billion.

Globalstar is gaining traction with its latest SpaceX deal and aggressive expansion. Could this spark lasting momentum for GSAT?

Explore whether a penny stock's expanded satellite partnership with Apple makes it a buy now.

With the global 5G technology and infrastructure market anticipated to grow next year and beyond, telecom players Globalstar (GSAT) and Verizon Communications (VZ) could be among the beneficiaries. Therefore, these two stocks could be solid additions to one’s watchlist for potential opportunities in 2024. Read more….

Despite macroeconomic challenges, the telecom industry is predicted to grow due to strong demand for enhanced connectivity. Given its solid growth prospects, I think telecom stocks Globalstar (GSAT), T-Mobile US (TMUS), and Verizon Communications (VZ) might be worth adding to one’s watchlist. Read on.

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The telecom industry has evolved significantly over the past few years and is expected to witness robust growth in the coming years as well. The industry tailwinds should bode well for telecom stocks, Verizon (VZ), and Globalstar (GSAT). But which of these stocks is a better buy now? Read more…

Surging inflation, worries over the Fed’s aggressive interest rate hikes, and an escalating Russia-Ukraine war have contributed to heightened market volatility and exacerbated a sell-off in satellite stocks over the past few months. So, we think it could be wise to avoid the overvalued stocks of satellite companies Globalstar (GSAT)…

Globalstar's (GSAT) shares have soared nearly 26% in price over the past three months due to the company’s establishment of several strategic partnerships and other operational advances. But will the stock be able to maintain its momentum given its poor fundamentals? Read on, let's find out.