Up 4x This Year, Does AST SpaceMobile Stock's Rally Have Legs?
1. ASTS stock surged 32% last week, up almost 4x YTD. 2. New deal with Verizon to provide U.S. space-based cellular coverage by 2026. 3. AST aims to launch 45-60 satellites by 2026 to enhance broadband. 4. Company generates revenue by charging telecom providers for satellite access. 5. ASTS trades at a high valuation despite significant operating losses.