AST SpaceMobile Trading Volume Drops 3919% to 220th Rank Despite 8-Day Winning Streak

On June 11, 2025, AST SpaceMobile (ASTS) saw a trading volume of $458 million, a 39.19% decrease from the previous day, ranking 220th in the day's stock market activity. The stock price rose by 2.13%, marking its eighth consecutive day of gains, with an overall increase of 58.08% over the past eight days.

AST SpaceMobile is set to join the U.S. large-cap Russell 1000® Index, effective after the U.S. market closes on June 27, 2025. This inclusion recognizes AST SpaceMobile as one of the largest 1,000 U.S. companies by market capitalization, reflecting its advancing position as a leader in delivering space-based cellular broadband worldwide.

Andrew Johnson, Chief Financial Officer of AST SpaceMobile, stated that joining the Russell 1000® Index marks another important milestone in the company's mission to eliminate coverage gaps and bring cellular broadband connectivity directly to the mobile devices of the billions of people who remain unconnected. This inclusion will expand the company's visibility among investors as it continues to advance its technology, scale operations, and execute against its global growth plans.

Membership in the Russell 1000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. This inclusion is expected to enhance AST SpaceMobile's investor profile and potentially attract more investment.