Globalstar Inc Stock News

COVINGTON, La.--(BUSINESS WIRE)--Globalstar Announces 2021 Financial Results and Business Update

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The announcement of the signing of a significant contract for new satellite procurement has sent GSAT stock soaring in today''s session. The post GSAT Stock Alert: Why Is Globalstar Soaring 20% Higher Today? appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” Get in Now on Tiny $3 ‘Forever Battery’ Stock Interested in Crypto? Read This First…

Globalstar (GSAT) delivered earnings and revenue surprises of 50% and 17.34%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

U.S. stocks pared some earlier losses toward the end trading, with the Nasdaq jumping 2% on Thursday. US President Biden, during his press briefing on Ukraine/Russia, said he has authorized additional US military deployments today after Russia’s President Vladimir Putin announced that the country’s armed forces would carry out a “special military operation” in Ukraine. The Dow traded down 0.66% to 32,912.79 while the NASDAQ rose 2% to 13,298.18. The S&P also rose, gaining, 0.35% to 4,240.12. Check out this: Insiders Buy More Than $170M Of 4 Stocks Leading and Lagging Sectors Communication services shares climbed by 0.9% on Thursday. Meanwhile, top gainers in the sector included Globalstar, Inc. (NYSE: GSAT ), up 17% and Tremor International Ltd (NASDAQ: TRMR ) up 13%. In trading on Thursday, financials shares dipped 3.4%. Top Headline Moderna, Inc. (NASDAQ: MRNA ) reported better-than-expected results for its fourth quarter and announces a new $3 billion buyback program. Moderna posted quarterly earnings of $11.29 per share, beating analysts’ estimates of $9.90 per share.

Globalstar, Inc. (NASDAQ: GSAT ) shares are trading higher by 16.3% … Full story available on Benzinga.com

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The announcement of the signing of a significant contract for new satellite procurement has sent GSAT stock soaring in today's session. The post GSAT Stock Alert: Why Is Globalstar Soaring 20% Higher

Rocket Lab (RKLB) has been awarded a subcontract by MDA to lead the design and manufacture of 17 spacecraft buses for new Low Earth Orbit satellites from Globalstar (GSAT).The…

Globalstar, Inc. (NASDAQ: GSAT) shares are trading higher by 16.3% at $1.12 Thursday afternoon after the company announced it signed a contract with MDA for new satellites. The company reports fourth-

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Globalstar (NYSE:GSAT) is scheduled to announce Q4 earnings results on Thursday, Feb. 24, after market close.Consensus EPS estimate is -$0.02

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends. Here are the latest analyst rating updates for Nikola Corp (NASDAQ: NKLA ), Globalstar, Inc. (NASDAQ: GSAT ) and Norwegian Cruise Line Holdings Ltd (NYSE: NCLH ): The latest price target for Nikola was reported by DA Davidson on Nov. 8. The analyst firm set a price … Full story available on Benzinga.com

Globalstar Inc. (AMEX:GSAT)’s traded shares stood at 10.62 million during the last session, with the company’s beta value hitting 0.09. At the close of trading, the stock’s price was $0.98, to imply a decrease of -2.81% or -$0.03 in intraday trading. The GSAT share’s 52-week high remains $2.98, putting it -204.08% down since that peak … Globalstar Inc. (AMEX: GSAT): Can A Stock Be -15.38% Lower Year-To-Date And Still Be A Loser? Read More »