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Globalstar, Inc. (GSAT)

NYSE American - NYSE American Delayed Price. Currency in USD
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1.7700-0.0200 (-1.12%)
At close: 4:00PM EDT
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Chart Events
Neutralpattern detected
Previous Close1.7900
Open1.8100
Bid1.7600 x 28000
Ask1.7700 x 36100
Day's Range1.7350 - 1.8400
52 Week Range0.2900 - 2.9800
Volume22,913,121
Avg. Volume46,591,039
Market Cap3.172B
Beta (5Y Monthly)0.01
PE Ratio (TTM)N/A
EPS (TTM)-0.0700
Earnings DateNov 04, 2021 - Nov 08, 2021
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est2.35
  • Motley Fool

    Why Globalstar Stock Bounced Today

    Shares of satellite communications company Globalstar (NYSEMKT: GSAT) crashed 21% yesterday after it became apparent that Apple's (NASDAQ: AAPL) new iPhone 13 will in fact not enable users to call each other via satellite. In the absence of any actual "good" news to explain the stock's bounce higher, I can only surmise that what we're looking at today is a "dead cat bounce." The way they would have placed that bet would have been by shorting Globalstar stock (i.e., selling stock they did not own, in hopes of buying it back later, cheaper, and returning the shares to their rightful owners).

  • Barrons.com

    Apple’s iPhone 13 Doesn’t Appear to Be Satellite Compatible. Why Globalstar Stock Tumbled.

    Reports that the new iPhone had chips for connecting to satellites helped push shares of Globalstar higher. Now it's tumbling.

  • Motley Fool

    Why Globalstar Stock Just Crashed 21%

    Shares of satellite communications company Globalstar (NYSEMKT: GSAT), which took off last month on speculation that Apple (NASDAQ: AAPL) might build satellite telephony capability into its new iPhone 13 smartphone -- doubling Globalstar's stock price in less than a month's time -- came crashing back to Earth on Tuesday. As of 3:15 p.m. EDT, Globalstar stock is down 21%. As the theory went, you see, Apple was gearing up to announce new features and capabilities of this year's iPhone iteration, the iPhone 13.