Globalstar stock price jumps 7% as satellite-to-phone race stays in focus
New York, Jan 28, 2026, 15:21 EST — Regular session Shares of Globalstar, Inc. surged 7.1% to $67.92 Wednesday, lifting the satellite operator amid heavy afternoon action. The stock swung between $63.47 and $68.67, with roughly 607,000 shares changing hands by mid-afternoon. This shift is crucial as the “direct-to-device” trend—satellites connecting directly to regular smartphones without needing special handsets—is making…
