GSAT / GSAT Stock Alert: Why Is Globalstar Soaring 20% Higher Today?

Globalstar, Inc. (NYSE:GSAT ) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET Company Participants Paul Jacobs - CEO Rebecca Clary - VP & more_horizontal

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT), a next-generation telecommunications infrastructure and technology provider, more_horizontal

The allure of penny stocks is undeniable. Their low price point, combined with the potential for high returns, makes them a tantalizing option for inv more_horizontal

Former Qualcomm CEO and another former Qualcomm heavyweight join Globalstar. GSAT's technical chart shows a bullish breakaway gap, indicating potentia more_horizontal

Shares of mobile satellite communications specialist Globalstar (NYSEMKT: GSAT ) – which focuses on providing communication channels in areas outsid more_horizontal

Globalstar (GSAT) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compare more_horizontal

Globalstar must prove it has the ability to fulfill its open orders in the first quarter of 2023. Globalstar plans on spending an additional $250 mill more_horizontal

The satellite specialist disclosed happy news in the financing sphere. It is selling $200 million worth of senior notes to an investment firm. more_horizontal