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Globalstar Surges on SpaceX, Strong Financials

Published 2 days, 1 hour ago
Description

Globalstar shares surged today, closing up ten point four percent at sixty-seven dollars and forty-two cents, following reports of SpaceXs upcoming IPO and Globalstars strong financials. The company aims for between two hundred eighty million and three hundred five million dollars in revenue for fiscal year twenty twenty-six, beating analyst expectations. Globalstar is investing in its network, planning up to ninety new antennas worldwide, and investors are optimistic about its growth.

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