Space Stock Tracker: Planet Labs Q2, EchoStar SpaceX Deal, AST SpaceMobile Downgrade
1. ASTS stock has dropped 25% over the past week. 2. UBS downgraded ASTS from Buy to Neutral, lowering the price target to $43. 3. Planet Labs reported strong Q2 revenue but shares fell due to new debt offering. 4. EchoStar sold spectrum licenses to SpaceX, boosting satellite stock market interest. 5. Globalstar shares rose amid excitement over the EchoStar-SpaceX deal.