We recently published a list of These 10 Stocks Are On Fire Right Now. In this article, we are going to take a look at where AST SpaceMobile, Inc. (NASDAQ:ASTS) stands against other Wednesday’s best-performing stocks.
AST SpaceMobile grew its share prices for a third straight day, jumping 13.94 percent to end at $28.69 apiece on renewed speculations that the company is joining forces with Jeff Bezos’ Blue Origin.
The rally was bolstered by an Instagram post by a board member, Adriana Cisneros, showing herself, AST SpaceMobile, Inc. CEO Abel Avellan, and Bezos, in a photo.
An aerial view of a communications satellite in orbit, beaming its signal down to Earth.
“Amazing things are happening at AST & Science + Blue Origin,” Cisneros captioned.
Prior to the Instagram post, Blue Origin executives visited the AST SpaceMobile, Inc. headquarters in Texas, with speculations that discussions may have gone beyond launch logistics to cover broader strategic and financial matters.
AST SpaceMobile, Inc. already holds a major commercial agreement with Blue Origin for the launch of up to 45 BlueBird Block 2 satellites, with the option to add 15 more.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
This article is originally published at Insider Monkey.
