The Zhitong Finance App learned that on Monday, AST SpaceMobile (ASTS.US) rebounded more than 5% in early trading and plummeted by more than 10% the day before to a new low during the year. According to the news, Deutsche Bank previously upgraded the telecommunications stock rating from “neutral” to “buy.” Analyst Bryan Kraft pointed out that the bank downgraded the stock rating in May due to valuation concerns. At that time, the ASTS launch plan was significantly delayed due to the explosion of the New Glenn launch pad. However, it is now believed that recent weak stock prices, many positive developments and catalysts that have been overlooked by the market, and spectral value is estimated to account for all but $10 per share in ASTS's corporate value, making the present a good opportunity to shift to a more positive stance.

The Zhitong Finance App learned that on Monday, AST SpaceMobile (ASTS.US) rebounded more than 5% in early trading and plummeted by more than 10% the day before to a new low during the year. According to the news, Deutsche Bank previously upgraded the telecommunications stock rating from “neutral” to “buy.” Analyst Bryan Kraft pointed out that the bank downgraded the stock rating in May due to valuation concerns. At that time, the ASTS launch plan was significantly delayed due to the explosion of the New Glenn launch pad. However, it is now believed that recent weak stock prices, many positive developments and catalysts that have been overlooked by the market, and spectral value is estimated to account for all but $10 per share in ASTS's corporate value, making the present a good opportunity to shift to a more positive stance.