AST SpaceMobile shares fell 14.5 percent on May 29 after Blue Origin’s rocket exploded erasing gains from a strong week that had seen the stock up 25 percent before the incident.
The development follows confirmation that gains from a strong week that had seen the stock up 25 percent before the incident.
Institutions and individuals identified in source material include AST, Blue Origin. Quantitative references in the underlying brief include 14.5, 29, 25. Financial news services grouped the update with earnings, deals, and market moves on May 29.
Analyst notes published May 29 tied the item to broader capital-market trends. Figures repeated here match those in the initial summary only.
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Sources:
https://www.cnbc.com/2026/05/28/stock-market-today-live-updates.html