AST SpaceMobile, Inc. (ASTS) saw its stock price plummet 8.26% during intraday trading on Thursday, marking a significant downward movement.
The decline appears to be part of a broader sector-wide slide affecting space-related stocks. According to market reports, space stocks were slipping, with AST SpaceMobile tumbling over 7%, SpaceX shedding more than 6%, and other companies like Rocket Lab and Intuitive Machines also dropping over 5% each.