What's Going On With AST SpaceMobile Stock Friday?

AST SpaceMobile, Inc. ASTS shares are moving on volatility Friday after rising on Thursday. The company announced that certain shareholders may have the chance to attend the launch of the BlueBird 1-5 Mission at the Kennedy Space Center Visitor Complex at Cape Canaveral, Florida.

What To Know: The BlueBird satellites were delivered to Cape Canaveral last week and are scheduled to be launched during a 7 day period in September. This is apart of the company’s mission to create the first global cellular broadband network in space to operate directly with standard mobile devices.

Analyst Changes: Multiple analysts issued price target adjustments within the past week.

• B. Riley Securities analyst Mike Crawford maintained AST SpaceMobile with a Buy and raised the price target from $15 to $26.
• UBS analyst Christopher Schoell maintained AST SpaceMobile with a Buy and raised the price target from $13 to $30.

See Also: What’s Going On With Tesla Stock Today

ASTS Price Action: At the time of writing, AST SpaceMobile stock is moving 1.98% higher at $31.98, according to data from Benzinga Pro.

Image: Courtesy of AST SpaceMobile