markets
ASTS -2.20% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
ASTS sliding intraday, down 2.2% to $62 as risk-off pressure hits high-beta names.
Broader tape is mixed — SPY flat at $748.34, DIA barely positive at $522.16 — but speculative growth is getting hit hard. PLTR -6.55% to $123.96, COIN -4.81% to $167.21, and RIVN -3.38% to $17.17 confirm this is a sector rotation out of momentum names, not a macro flush.
ASTS prev close was $63.34. The $62 level is being tested now in live trading.
Watch: $60 as next meaningful support — a break there opens air below. If PLTR stabilizes near $123, watch for ASTS to catch a bid as the high-beta group steadies.