AST SpaceMobile announces $1B convertible notes offering; shares fall 13% after hours
Covered by 2 sources · 2 articles
2 outlets - including Cryptonomist and Seekingalpha - are covering this story. AST SpaceMobile, Inc. stock is under severe pressure after a $1 billion convertible notes offering triggered a 13% after-hours drop. Shares closed at $66.31 on July 15. Deteriorating daily indicators had already signaled weakness before the…
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AST SpaceMobile, Inc. Stock Drops 13% After $1B Convertible Notes Offering
AST SpaceMobile, Inc. stock is under severe pressure after a $1 billion convertible notes offering triggered a 13% after-hours drop. Shares closed at $66.31 on July 15. Deteriorating daily indicators had already signaled weakness before the…
AST SpaceMobile announces $1B convertible notes offering; shares fall 13% after hours