Major U.S. indices closed higher on Wednesday, with the Dow Jones Industrial Average rising 0.29% to 52,658.64, the S&P 500 advancing 0.38% to 7,572.40, and the Nasdaq gaining 0.62% to finish at 26,269.22.
These are the top stocks that gained the attention of retail traders and investors through the day:
AST SpaceMobile Inc. (NASDAQ:ASTS)
AST SpaceMobile’s stock fell by 3.65%, closing at $66.31. During the day, it reached a high of $70.38 and a low of $64.59, with a 52-week range between $133.86 and $36.08. In the after-hours session, the stock fell 12.49% to $58.03.
The decline followed the company’s announcement of a $1 billion convertible senior notes offering, intended to fund growth and secure additional launch capacity for its space-based cellular broadband network.
