Santa Came Early for These 10 Double-Digit Gainers

6. AST SpaceMobile, Inc. (NASDAQ:ASTS)

AST SpaceMobile extended its winning streak to a third straight day on Monday, jumping 14.03 percent to finish at $86.48 apiece as investors continued to place bets on the successful launch of its next-generation satellite.

After being rescheduled twice, the Indian Space Research Organisation said that it would officially launch AST SpaceMobile, Inc.’s (NASDAQ:ASTS) BlueBird 6 satellite on Christmas Eve, December 24, which is Tuesday, 10:24 PM EST.

The said launch would mark the first of AST SpaceMobile, Inc.’s (NASDAQ:ASTS) six planned launches until March 2026.

As compared with the BlueBirds 1 to 5, the 6th generation features the largest commercial phased array in low Earth orbit at nearly 2,400 square feet.

It is also nearly four times bigger than the previous generations and supports 10 times the data capacity.

The December 24 launch targets to enable ubiquitous cellular broadband coverage from space directly to mobile phones.

According to AST SpaceMobile Inc. (NASDAQ:ASTS), it would ramp up the production of its BlueBird 6 satellites, with planned manufacturing expansion in its Florida and Texas facilities.