Why AST SpaceMobile Stock Has Been Quietly Crushing the Market Lately

AST SpaceMobile (NASDAQ: ASTS), a producer of low Earth orbit (LEO) satellites for cellular connections, isn't a household name to many investors. However, its stock has rallied more than 330% over the past 12 months as the Nasdaq Composite rose less than 20%.Let's see why AST has quietly crushed the market -- and where it might go over the next year.Many rural areas still aren't adequately covered by terrestrial cellular towers. AST fills in those gaps by beaming 2G, 4G, and 5G signals from its LEO satellites. It delivers its data through low- to mid-band spectrums, which operate at lower speeds but offer broader coverage than the higher-band spectrums used by its larger competitor, SpaceX's Starlink.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool