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FinanceAsianet Newsable

ASTS shares rise ahead of $1B note settlement

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  1. ASTS shares rose premarket as its $1 billion convertible note offering approached settlement.

  2. At least one analyst called the rocket-fuel buy 'likely foolish' due to risk.

  3. The note settlement could impact stock price and market valuation.

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ASTS shares rise ahead of $1B note settlement · in5points