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GSAT Hits 52-Week High: Time to Take Profits or Hold for More Gains?
ZACKS· 2025-10-10 16:25
Key Takeaways Globalstar jumped 55.3% in a month, outperforming peers and setting a new 52-week high.IoT subscriber growth, wholesale capacity gains and new collaborations strengthen performance.Intense competition in the Satellite and Communications space is a concern.Globalstar, Inc. (GSAT) stock crafted a new 52-week high of $47.32 last day while pulling back to $47.06 at the end of the trading session. GSAT has captured investor attention with an impressive 55.3% rally over the past month, outperforming ...
Top 2 Tech & Telecom Stocks That May Implode This Month
Benzinga· 2025-10-10 13:01
As of Oct. 10, 2025, two stocks in the communication services could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according ...
Globalstar Expands IoT Reach With Conekt.ai Collaboration
ZACKS· 2025-10-08 15:05
Key Takeaways Globalstar partners with Conekt.ai to integrate Band 53 and XCOM RAN into its IoT orchestration platform.Growing IoT activations and XCOM RAN drive momentum across Globalstar's terrestrial operationsGSAT faces tough competition from Iridium and Viasat as both expand in the global satellite market.Globalstar (GSAT) is extending its footprint in the rapidly growing Internet of Things (IoT) connectivity market through a new strategic collaboration with Conekt.ai, a connectivity management platfor ...