AST SpaceMobile Shares Decline After UBS Downgrade

MT Newswires Live09-10

AST SpaceMobile (ASTS) shares fell 9% in recent Tuesday trading after UBS downgraded the stock to neutral from buy and cut its price target to $43 per share from $62.

Trading volume stood at nearly 14.7 million shares compared with a daily average of more than 11.8 million.

Price: 37.15, Change: -3.62, Percent Change: -8.87

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