AST SpaceMobile stock drops 9% after Vanguard discloses 7.7% stake, with launch clock ticking
AST SpaceMobile shares fell 8.9% to about $111.21 in after-hours trading Friday after a Vanguard filing showed 7.68% ownership as of Dec. 31. Nearly 19.7 million shares changed hands. The company targets a late-February launch for BlueBird 7 but warned the date could slip. AST aims to deploy up to 60 satellites in 2026.