---
title: "AST SpaceMobile Drops 10.1% Pre-Market After 11-Day Rally"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288043088.md"
description: "AST SpaceMobile trades at $119 pre-market, down 10.1% from last night's $133, marking a significant pullback after 11 straight days of gains."
datetime: "2026-05-29T09:27:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288043088.md)
  - [en](https://longbridge.com/en/news/288043088.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288043088.md)
---

# AST SpaceMobile Drops 10.1% Pre-Market After 11-Day Rally

AST SpaceMobile (NASDAQ: ASTS) saw its pre-market price decline by **10.1%** to **$119**, significantly lower than last night's high of **$133**. The drop halts an incredible rally that lasted **11 consecutive trading days**.

The stock has benefited from increased enthusiasm in the space sector, bolstered by SpaceX's IPO anticipation and AST SpaceMobile's unique satellite broadband position. However, insider share reduction and quarterly EPS of **\-$0.66** appear to have dented investor confidence.

With a trading volume reaching **21.64 million shares**, higher than average, market participants are recalibrating long-term expectations for the company.

Analysts suggest AST SpaceMobile might face hurdles in rapidly productizing its satellite broadband technologies and expanding its customer base, especially amidst growing competition in the space-tech sector.

_This article does not constitute investment advice._

### Related Stocks

- [ASTS.US](https://longbridge.com/en/quote/ASTS.US.md)

## Related News & Research

- [Before the SpaceX IPO, buy these 3 cheap stocks](https://longbridge.com/en/news/287939824.md)
- [This Is SpaceX's Biggest Market, and It Might Surprise You (Spoiler Alert: It Has Nothing to Do With Space)](https://longbridge.com/en/news/288140563.md)
- [Applied Aerospace & Defense, Inc. Announces Launch of Initial Public Offering | AADX Stock News](https://longbridge.com/en/news/287627979.md)
- [SpaceX’s IPO could test the stock market rally](https://longbridge.com/en/news/288221084.md)
- [Elon Musk's SpaceX IPO could quickly launch into your retirement plan](https://longbridge.com/en/news/288092889.md)