AST SpaceMobile, Inc. (ASTS) Stock Sinks As Market Gains: Here's Why

AST SpaceMobile (ASTS) closed down 3.09% and underperformed major indices. The company is forecasted to report an EPS of -$0.39 with revenue expected at $45.19 million, up 206.57% year-over-year. However, the stock carries a Zacks Rank #4 (Sell) rating with consensus EPS projections remaining unchanged over the past 30 days.