AST SpaceMobile Ranks 81st in Trading Volume with 9.27 Billion Shares Exchanged Amid Global Expansion

On June 20, 2025, AST SpaceMobile (ASTS) saw a trading volume of 9.27 billion, ranking 81st in the day's stock market activity. The stock rose by 3.65%, marking its second consecutive day of gains, with a total increase of 14.64% over the past two days.

AST SpaceMobile has been actively expanding its global satellite connectivity initiatives, recently securing a significant deal in India. This strategic move is part of the company's broader effort to enhance its presence in the satellite connectivity sector. However, the high valuation and declining estimates pose challenges to the company's outlook.

AST SpaceMobile's recent growth has been notable, with the stock surging 92% from its recent lows. This upward trend began after Jeff Bezos visited the company's facilities in Midland, Texas, highlighting the potential for further growth and investor interest.

Vodafone Idea has announced a satellite connectivity partnership with AST SpaceMobile, which is expected to drive further attention to AST SpaceMobile's stock. This collaboration underscores the growing demand for satellite connectivity solutions and positions AST SpaceMobile as a key player in this emerging market.