Reported 2 days ago
AST SpaceMobile, Inc. (ASTS) is highlighted as one of billionaire David E. Shaw's ten small-cap stock picks with significant upside potential. This communication equipment company aims to provide a global cellular broadband network via its BlueBird satellites, with a market cap of $8.39 billion and an expected stock upside potential of 55.17%. Despite the overall market downturn, ASTS has delivered a 19% year-to-date gain, attracting attention from hedge funds and establishing partnerships with major telecom companies.
Source: YAHOO