Advertisement
Canada markets close in 4 hours 32 minutes
  • S&P/TSX

    21,814.44
    +106.00 (+0.49%)
     
  • S&P 500

    4,991.85
    -19.27 (-0.38%)
     
  • DOW

    37,934.65
    +159.27 (+0.42%)
     
  • CAD/USD

    0.7279
    +0.0015 (+0.21%)
     
  • CRUDE OIL

    83.15
    +0.42 (+0.51%)
     
  • Bitcoin CAD

    88,636.95
    +1,108.67 (+1.27%)
     
  • CMC Crypto 200

    1,375.46
    +62.83 (+5.03%)
     
  • GOLD FUTURES

    2,409.90
    +11.90 (+0.50%)
     
  • RUSSELL 2000

    1,948.52
    +5.56 (+0.29%)
     
  • 10-Yr Bond

    4.6170
    -0.0300 (-0.65%)
     
  • NASDAQ

    15,428.79
    -172.71 (-1.11%)
     
  • VOLATILITY

    18.36
    +0.36 (+2.00%)
     
  • FTSE

    7,898.56
    +21.51 (+0.27%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • CAD/EUR

    0.6823
    +0.0002 (+0.03%)
     

Why AST SpaceMobile Stock Shot Higher at the Open Today

Why AST SpaceMobile Stock Shot Higher at the Open Today

AST SpaceMobile (NASDAQ: ASTS) is being added to two indexes, an event that will likely lead to more mutual fund buying. The news led to a 6% move higher for AST shares at the market open -- but the stock was unable to sustain those gains. AST SpaceMobile is in the early stages of an ambitious and risky plan to connect run-of-the-mill smartphones via satellites.