AST SpaceMobile stock slides 5% as BlueBird 7 launch on Blue Origin rocket nears
AST SpaceMobile shares fell 5.5% to $107.27 Monday, with trading volume near 8.9 million shares. The company plans to launch its BlueBird 7 satellite in late February on Blue Origin’s New Glenn-3 rocket, aiming to expand its direct-to-device satellite network. AST targets 45-60 satellites deployed by year-end, with launches every one to two months.