Why AST SpaceMobile Stock Is Skyrocketing This Week

Shares of AST SpaceMobile (NASDAQ: ASTS) are moving higher this week, up 33.9% as of 2 p.m. ET from last Friday's close. The gain comes as the S&P 500 gained 1.5% and the Nasdaq-100 gained 2.2%.Earlier in the week, a board member posted a picture to social media that fueled speculation of a possible partnership with Jeff Bezos' Blue Origin. The stock also received a boost after yesterday's public spat between President Donald Trump and Elon Musk.After Bezos visited the company's Texas headquarters, AST board member Adriana Cisneros posted a picture of Bezos, AST CEO Abel Avellan, and herself to Instagram with the caption, "Amazing things are happening at AST & Science + Blue Origin."Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool