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Down 33% From Its 52-Week High, Is It Time to Buy the Dip on AST SpaceMobile?

The Motley Fool·
Down 33% From Its 52-Week High, Is It Time to Buy the Dip on AST SpaceMobile?

AST SpaceMobile's stock has declined 33% from its 52-week high due to delays in its satellite launch schedule caused by Blue Origin's New Glenn rocket setbacks. The company, which aims to provide direct-to-cellular broadband via BlueBird satellites, has secured partnerships with major telecom operators and ramped up production to six satellites per month. However, continuous service deployment has been pushed to the first half of 2027, making the stock suitable only for growth-focused investors bullish on the space economy.

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