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Benzinga
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Space Stock Tracker: AST SpaceMobile Q2 Earnings, Intuitive Machines' Offering And More

1. AST SpaceMobile missed earnings estimates with losses of 41 cents per share. 2. Despite losses, ASTS anticipates a ramp-up in the second half of the year. 3. Shares dropped over 13% in the last month but were slightly up recently. 4. Rocket Lab's acquisition strengthens its position in defense satellite initiatives. 5. Market reaction to ASTS was muted after heavy selling prior to earnings.

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FAQ

Why Neutral?

ASTS's recent performance shows a mixed outlook, paralleling Rocket Lab's growth.

How important is it?

Earnings performance is critical but mitigated by future growth potential.

Why Short Term?

The near-term price could stabilize or improve with the anticipated ramp in activity.

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