AST SpaceMobile stock jumps on SHIELD award: what’s driving ASTS after hours
AST SpaceMobile shares jumped 14% in after-hours trading Friday, closing at $115.77, after the company announced it secured a spot on the Missile Defense Agency’s SHIELD contract program. The SHIELD contract allows for future defense task orders but does not guarantee immediate revenue. U.S. markets will be closed Monday for the Martin Luther King Jr. holiday, reopening Tuesday.