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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Apple Inc | NASDAQ:AAPL | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 169.02 | 168.92 | 168.96 | 0 | 01:00:00 |
By Josh Beckerman
Globalstar Inc. shares were recently up 10% to $2.30 as the company said it will be the satellite operator for certain Apple Inc. satellite-enabled services.
Prior to a trading halt, the stock was down 16% to $1.76.
In a securities filing, Globalstar discussed "transformational" transactions and said the agreement with Apple "materially enhances the device ecosystem for Band 53/n53."
Globalstar "expects that this will accelerate terrestrial deployments and monetization of the band."
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
September 07, 2022 15:23 ET (19:23 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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