Is AST SpaceMobile Stock a Millionaire Maker?
AST SpaceMobile (NASDAQ: ASTS) took investors on a wild ride after it went public by merging with a special purpose acquisition company (SPAC) on April 7, 2021. The low earth orbit (LEO) satellite developer's stock started trading at $11.63 on the first day, sank to around $2 this April, and skyrocketed to a record high of $38.60 on Aug. 19.