Globalstar Inc (NYSEAMERICAN:GSAT) Stock Unable To Sustain At Higher Level: Now What?

November 23, 2021

Earlier on in the year the mobile satellite services company Globalstar Inc (NYSEAMERICAN:GSAT) had seen its stock go through a remarkable rally on the basis of a rumour. Trading Data On Monday, GSAT stock slid 7.10% at $1.44 with more than 10.32 million shares, compared to its average volume of 38.86 million shares. The stock has moved within a range of $1.4300 – 1.6000 after opening trade at $1.60.     Key…


Globalstar (GSAT) Stock Makes a Bullish Move: What’s The Buzz?

August 31, 2021

Positive analyst coverage can often lead to strong moves in stocks and that is what seemed to have happened with the Globalstar (NYSEAMERICAN:GSAT) stock on Monday. The stock soared by as much as 64% on Monday after an analyst stated that the satellite company could eventually end up partnering with the tech behemoth Apple. The possibility of such a partnership naturally led to a lot of excitement among investors and…


Is Globalstar (NYSEAMERICAN:GSAT) Stock a Buy Or Sell After The Recent Consolidation?

August 11, 2021

Globalstar’s (NYSEAMERICAN:GSAT) stock could break out soon as its partnerships blossom. The company’s Q2 results were disappointing, with revenue declining and operational losses increasing YoY. However, even though the results were disappointing, share prices move up, attributed to improving losses. Notably, a bullish position on GSAT depends on intuitions regarding its prospects instead of relying on fundamentals alone. For instance, news about its past deals makes GSAT worth watching. For…