Shares of AST SpaceMobile Inc ( ASTS ) surged to a new all-time high Thursday morning, extending a powerful rally despite a lack of company-specific news during the session. The stock's recent momentum builds on a 370% year-to-date gain for the satellite-to-cellular company.

ASTS is poised for potential breakout. See what the experts say here.

What To Know: The primary catalyst remains the definitive agreement announced last week with Verizon. This strategic partnership, set to utilize AST SpaceMobile’s network for direct-to-smartphone satellite service beginning in 2026, has ignited investor optimism and validated the company's technology.

This enthusiasm has largely overshadowed concerns about a recent filing to potentially sell up to $800 million in stock. The rally is also supported by broader positive sentiment across the space sector, influenced by ambitious plans from industry leader SpaceX.

With the Verizon deal secured, investors are now focused on the company’s ability to execute its strategy and launch its space-based broadband network.

Benzinga Edge Rankings: Underscoring this powerful rally, Benzinga Edge rankings show the stock boasts an exceptional Momentum score of 97.89.

ASTS Price Action: AST SpaceMobile ( ASTS ) shares were down 3.56% at $91.98 at the time of publication on Thursday. The stock hit all-time highs of $102.79 on Thursday before pulling back and turning negative for the session.

The relative strength index (RSI) stands at 82.40, suggesting that the stock is currently overbought. Such high RSI levels often indicate that a stock may be due for a pullback or consolidation, particularly as it trades near all-time highs.

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How To Buy ASTS Stock

By now you're likely curious about how to participate in the market for AST SpaceMobile ( ASTS ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

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