Globalstar, Inc. (NYSE American: GSAT), a satellite and terrestrial connectivity service provider, has announced a 1-for-15 reverse stock split set to take effect after the market closes on ...

B. Riley raised the firm’s price target on Globalstar (GSAT) to $60 from $4 and keeps a Buy rating on the shares to account for the 1-for-15 reverse stock split. B. Riley is modeling $61M in ...

Satellite communications company Globalstar listed on the Nasdaq on Tuesday after delisting from the New York Stock Exchange. "We did a reverse split — we're a multibillion-dollar company but ...

Morgan Stanley raised the firm’s price target on Globalstar (GSAT) to $25 from $14.85 and keeps an Equal Weight rating on the shares.

When a reverse stock split occurs, fewer shares will be outstanding and will trade at a higher price, implying the same market cap. Globalstar is transitioning its business to cater more heavily ...

January 21, 2025--Globalstar Announces Intention to Voluntarily Delist from NYSE American and Transfer to Nasdaq Upon Completion of Reverse Stock Split Space stocks — Intuitive Machines (LUNR ...

Some neobroker customers have also missed the fact that the switch from NYSE to Nasdaq is also accompanied by a reverse stock split. Globalstar already informed about this at the end of 2024 ...

Shares of Globalstar fell by $3.27 or 13.4% Wednesday to close at $21.06. On Monday, the company completed a reverse stock split, where 15 shares of Globalstar stock were converted to one share.