AST SpaceMobile Surges to 80th in Trading Volume with $839 Million Turnover

Generated by AI AgentAinvest Volume Radar
Wednesday, Jun 18, 2025 8:00 pm ET1min read

On June 18, 2025,

(ASTS) saw a significant surge in trading volume, with a total turnover of $839 million, marking a 64.6% increase from the previous day. This surge placed at the 80th position in terms of trading volume for the day. The stock price of ASTS also rose by 10.65%.

AST SpaceMobile Inc. has recently announced a strategic partnership with Vodafone Idea (Vi), an Indian telecom service provider. This collaboration aims to expand mobile connectivity by leveraging space-based technology. The partnership is expected to enhance mobile services, particularly in areas with limited terrestrial infrastructure, by utilizing AST SpaceMobile's satellite network.

The announcement of this partnership has generated significant investor interest, contributing to the recent surge in ASTS's stock price. The collaboration is seen as a strategic move to capitalize on the growing demand for reliable mobile connectivity solutions, especially in remote and underserved regions.

Options trading for ASTS has also seen increased activity, with a notable volume of contracts traded. The put/call ratio has flattened, indicating a modestly bullish sentiment among traders. Implied volatility has risen, suggesting heightened expectations for price movements in the near term.

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