B. Riley Upgrades AST SpaceMobile (ASTS) To Buy, Cites Improved Risk/Reward Profile
Shares of AST SpaceMobile (ASTS) surged on Friday after a Wall Street analyst issued an upgraded rating and pointed to a more favorable investment case for the stock. AST SpaceMobile, a developer of space-based cellular broadband services, had struggled through a rough stretch heading into the session, falling 10.6% from the prior Friday’s close through…