ASTS Stocks Drop 17% on $1B Convertible Note Offering — Najarian Sees Upside
AST SpaceMobile (ASTS) shares dropped 17% on Thursday to close at $55.01, marking the stock's lowest closing level of the year, after the company announced a $1 billion convertible-note offering. The financing, structured as 1.625% convertible senior notes due in 2034 with an initial conversion
ASTS-6.69%
LucasBennett·07-17 02:45


