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Shares of AST SpaceMobile and Rocket Lab drop 6% amid geopolitical fears and pre-holiday selling.

Market News
02 Apr 2026
24/7 Wall Street
View Source
Bearish
pluang ai news

Shares of AST SpaceMobile and Rocket Lab fell 6% due to geopolitical concerns around the Iran conflict and pre-Good Friday market caution, pushing investors away from speculative stocks. Despite strong business progress and solid financials, both companies face short-term pullbacks as traders avoid high-risk positions over the long weekend. AST SpaceMobile advances its BlueBird satellite program with significant partner commitments, while Rocket Lab expands capabilities through its Mynaric acquisition and shows strong revenue growth. The one-year gains remain robust, but the near-term outlook depends on easing geopolitical tensions and market sentiment after the holiday.

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