Why AST SpaceMobile Stock Soared Higher Today

From Nasdaq.: 2025-06-18 18:17:00

Shares of AST SpaceMobile (NASDAQ: ASTS) surged 10.6% as the S&P 500 and Nasdaq remained flat due to a new partnership with Vodafone Idea in India. The deal aims to connect underserved areas using smartphones, presenting a significant opportunity for growth in a massive market. Jeff Bezos’ visit to the company headquarters fueled rumors of a deeper partnership with Blue Origin. Despite potential network costs, AST’s vision for broadband access is promising, making it a good pick for investors with a high risk tolerance. However, The Motley Fool did not include AST SpaceMobile in its top 10 stock picks.



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