Globalstar's Stock Soars on Apple Partnership, Brazil Expansion

Globalstars stock surged nearly seventeen percent following record third-quarter revenue and Apples plans to enhance iPhone satellite features using Globalstars network. The company also announced a ground infrastructure expansion in Brazil, sending its stock to a new fifty-two-week high. Despite broader market caution, Globalstars stock has performed exceptionally well this year, up over eighty-six percent since January first.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.