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Monday's Morning Movers: ASTS Sell-Off, SNDK PT Hike, QRVO & SWKS Downgrades

Monday's Morning Movers: ASTS Sell-Off, SNDK PT Hike, QRVO & SWKS Downgrades

Published 1 week, 5 days ago
Description

Markets are finding their footing on Monday morning but AST Spacemobile (ASTS) really came "down to Earth," says Diane King Hall. She explains why the company is de-orbiting BlueBird 7 and turns to the stark selling action in the space company. Qorvo (QRVO) and Skyworks (SWKS) added to downward momentum after Mizuho downgraded both stocks. Diane later notes a winner in SanDisk (SNDK) after Walls Fargo sharply raised its price target.


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