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AST SpaceMobile, Inc.

Company NameAST SpaceMobile, Inc.
Stock SymbolASTS

On April 1, 2024, AST disclosed that it was delaying the launch of five Block 1 BlueBird satellites due to supplier delays. The Company estimated that the launch would take place around July or August 2024 instead of within the first quarter of 2024, as previously expected.

On this news, AST’s stock price fell $0.62, or 23.6%, to close at $2.01 per share on April 2, 2024, thereby injuring investors.

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