Weekly Report: what happened at ASTS last week (1012-1016)?

Last week ASTS had an overall loss of -23.66%, the stock price moved from 53.26 to 40.66, last week's high was 54.67, the low was 39.87, and the cumulative volume was 112.93M.

● ASTS reached a 52-week down last week on 16 October, quoting 40.66.

Last week's important news

• AST SpaceMobile Cut to Neutral From Overweight by Piper Sandler
• AST SpaceMobile Price Target Cut to $54.00/Share From $98.00 by Piper Sandler
• Piper Sandler Downgrades AST SpaceMobile to Neutral, Lowers Price Target to $54
• AST SpaceMobile Raised to Buy From Hold by Deutsche Bank
• Deutsche Bank Upgrades AST SpaceMobile to Buy, Maintains Price Target to $93