FeesSafety
Pluang+

AST SpaceMobile officers face probe over alleged false statements and shareholder harm.

Market News
17 Sep 2026
Newsfile Corp
View Source
Bearish
AST SpaceMobile officers face probe over alleged false statements and shareholder harm.

Grabar Law Office is investigating whether AST SpaceMobile's executives breached their duties by allegedly making false or misleading statements about the company's financial health and competitive position. The probe follows a securities fraud class action claiming AST overstated its liquidity and market strength while raising billions through convertible-note offerings. Shareholders who bought AST shares before March 4, 2025 and still hold them may seek corporate reforms and recoveries at no cost. The investigation highlights concerns about executive conduct and potential impacts on shareholder value amid declining stock prices after capital raises.

AST SpaceMobile shares are trading at USD 62.65 on Pluang, showing a strong 5.70% gain as of Sep 17, 2026 22:02 WIB. Despite the ongoing investigation into executive conduct and shareholder concerns, the stock remains well above its 52-week low of USD 41.19 but far below its 52-week high of USD 133.09. Pluang investors hold ASTS for an average of 32 days, with buying activity dominating at 98%.

More News (ASTS)

Rocket Lab upgraded to Buy on strong assets and Iridium deal; AST SpaceMobile remains a Sell amid delays and risks

Rocket Lab upgraded to Buy on strong assets and Iridium deal; AST SpaceMobile remains a Sell amid delays and risks

Rocket Lab Corporation (RKLB) has been upgraded to a Buy rating due to its structural advantage of owning both launch and satellite assets, further boosted by its acquisition of Iridium, which is expected to bring immediate positive EBITDA. Meanwhile...

Analyst Insights
Neutral
1 day ago
Space stocks fall sharply as SpaceX, AST SpaceMobile, and Rocket Lab drop amid tech selloff.

Space stocks fall sharply as SpaceX, AST SpaceMobile, and Rocket Lab drop amid tech selloff.

Space stocks are experiencing a sharper decline than the broader tech sector, with SpaceX, AST SpaceMobile, and Rocket Lab shares falling 6%, 6%, and 5% respectively. This drop follows a recent rally after SpaceX reported its first profitable quarter...

Market News
Bearish
1 day ago
Six space stocks lag despite SpaceX's strong quarter and merger talks with Tesla.

Six space stocks lag despite SpaceX's strong quarter and merger talks with Tesla.

SpaceX's shares rose after a strong Q3 report and merger discussions with Tesla, but six related space stocks have declined since April. These companies, including AST SpaceMobile, Intuitive Machines, BlackSky, Redwire, Planet Labs, and Rocket Lab, m...

Market News
Bearish
1 day ago
AST SpaceMobile shares drop sharply after multiple $1B convertible note offerings and downgrade.

AST SpaceMobile shares drop sharply after multiple $1B convertible note offerings and downgrade.

AST SpaceMobile's stock fell significantly after a series of negative events in 2026. The company was downgraded to "Sell" by Scotiabank due to competition from Starlink and slow user adoption, causing a 12% drop in January. Subsequent $1 billion con...

Market News
Bearish
2 days ago
AST SpaceMobile stock drops 40% in 2026 but could double by 2027, says analyst.

AST SpaceMobile stock drops 40% in 2026 but could double by 2027, says analyst.

AST SpaceMobile's stock has fallen 42% in 2026 due to revenue misses, a costly launch incident, and dilution fears. Despite this, analyst Scott Searle from Roth MKM sees a 157.9% upside, expecting the company to reach 45 satellites in orbit by early ...

Market News
Bearish
3 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App