Stock Track | AST SpaceMobile Plunges 10.34% in Pre-Market as Profit-Taking Accelerates After Multi-Week Rally

Stock Track

May 29

AST SpaceMobile, Inc. (ASTS) experienced a pre-market plunge of 10.34%, extending a recent pullback as profit-taking pressure intensified following a period of substantial gains.

The decline represents an acceleration of a technical correction that began earlier in the week. ASTS had previously surged over 30% in a single week, driven by multiple positive catalysts including SpaceX's formal filing for a Nasdaq IPO targeting up to $75 billion in fundraising, a joint venture announcement by major U.S. telecom operators to standardize satellite direct-to-device services—which validated AST SpaceMobile's commercial prospects—and reaffirmed commitments from the company's CEO on accelerated satellite manufacturing timelines.

After accumulating such significant short-term gains, investors moved to lock in profits, leading to sustained selling pressure. The pre-market decline widened considerably compared to prior sessions, indicating accelerating profit-taking activity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/1181628131"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1181628131\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1181628131?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-29 16:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1181628131","market":"sg","top_or_hot":-1,"title":"Stock Track | AST SpaceMobile Plunges 10.34% in Pre-Market as Profit-Taking Accelerates After Multi-Week Rally","media":"Stock Track","content":"<p>AST SpaceMobile, Inc. (ASTS) experienced a pre-market plunge of 10.34%, extending a recent pullback as profit-taking pressure intensified following a period of substantial gains.</p><p>The decline represents an acceleration of a technical correction that began earlier in the week. ASTS had previously surged over 30% in a single week, driven by multiple positive catalysts including SpaceX's formal filing for a Nasdaq IPO targeting up to $75 billion in fundraising, a joint venture announcement by major U.S. telecom operators to standardize satellite direct-to-device services—which validated AST SpaceMobile's commercial prospects—and reaffirmed commitments from the company's CEO on accelerated satellite manufacturing timelines.</p><p>After accumulating such significant short-term gains, investors moved to lock in profits, leading to sustained selling pressure. The pre-market decline widened considerably compared to prior sessions, indicating accelerating profit-taking activity.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | AST SpaceMobile Plunges 10.34% in Pre-Market as Profit-Taking Accelerates After Multi-Week Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | AST SpaceMobile Plunges 10.34% in Pre-Market as Profit-Taking Accelerates After Multi-Week Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-05-29 16:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>AST SpaceMobile, Inc. (ASTS) experienced a pre-market plunge of 10.34%, extending a recent pullback as profit-taking pressure intensified following a period of substantial gains.</p><p>The decline represents an acceleration of a technical correction that began earlier in the week. ASTS had previously surged over 30% in a single week, driven by multiple positive catalysts including SpaceX's formal filing for a Nasdaq IPO targeting up to $75 billion in fundraising, a joint venture announcement by major U.S. telecom operators to standardize satellite direct-to-device services—which validated AST SpaceMobile's commercial prospects—and reaffirmed commitments from the company's CEO on accelerated satellite manufacturing timelines.</p><p>After accumulating such significant short-term gains, investors moved to lock in profits, leading to sustained selling pressure. The pre-market decline widened considerably compared to prior sessions, indicating accelerating profit-taking activity.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ASTS","symbol_name":"AST SpaceMobile, Inc.","start_time":0,"source_url":"","article_id":"1181628131","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1181628131","pubTimestamp":1780042078,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"AST SpaceMobile, Inc. (ASTS) experienced a pre-market plunge of 10.34%, extending a recent pullback as profit-taking pressure intensified following a period of substantial gains.The decline...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ASTS":"AST SpaceMobile, Inc."},"translate_title":"个股追踪|AST SpaceMobile盘前暴跌10.34%多周反弹后获利了结加速","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ASTS":1},"content_text":"AST SpaceMobile, Inc. (ASTS) experienced a pre-market plunge of 10.34%, extending a recent pullback as profit-taking pressure intensified following a period of substantial gains.The decline represents an acceleration of a technical correction that began earlier in the week. ASTS had previously surged over 30% in a single week, driven by multiple positive catalysts including SpaceX's formal filing for a Nasdaq IPO targeting up to $75 billion in fundraising, a joint venture announcement by major U.S. telecom operators to standardize satellite direct-to-device services—which validated AST SpaceMobile's commercial prospects—and reaffirmed commitments from the company's CEO on accelerated satellite manufacturing timelines.After accumulating such significant short-term gains, investors moved to lock in profits, leading to sustained selling pressure. The pre-market decline widened considerably compared to prior sessions, indicating accelerating profit-taking activity.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}