Berenberg Initiates AST SpaceMobile (ASTS) With Buy Rating, Sending Stock Surging 13%
Shares of AST SpaceMobile (ASTS) jumped 13% on Wednesday, September 2, 2026, after investment bank Berenberg initiated coverage with a bullish recommendation. The broader market also moved higher on the day, with the S&P 500 gaining 0.4% and the Nasdaq Composite rising 0.3% in Wednesday’s session. Berenberg initiated coverage of the satellite-communications company with a…