AST SpaceMobile (ASTS) Surges 21% As Japan’s $912 Million Rakuten Subsidy Reignites D2D Expansion Story
AST SpaceMobile (NASDAQ: ASTS) delivered its best single-day performance in two years, surging 21% on June 29 to close out the second quarter with momentum. The Midland, Texas-based space-based direct-to-device cellular broadband provider had endured a bruising month despite positive operational developments on the satellite launch front. Space stocks broadly took a hit following the…