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The Latest Breaking News from Astra Space Inc

2 Crashing Airliner Stocks

The airline industry is crippled with a lack of human resources and macroeconomic headwinds. Therefore, Virgin Galactic (SPCE) and Astra Space (ASTR) might be best avoided now, considering their weak fundamentals. Keep reading.

1 Airline Stock to Buy Right Now and 2 to Sell

1 Airline Stock to Buy Right Now and 2 to Sell

The airline industry witnessed a significant recovery last year thanks to robust demand, which is expected to continue in 2023. Given the sound prospects of the airline sector, investors should consider buying quality airline stock, Copa Holdings (CPA). However, Virgin Galactic (SPCE) and Astra Space (ASTR) might be best avoided…

5 Penny Stocks to Sell Before They Hit Zero

5 Penny Stocks to Sell Before They Hit Zero

With the Fed’s meeting hot on the heels of an estimate-beating inflation figure, the market has braced itself for an aggressive interest rate hike. This spells trouble for beaten-down penny stocks whose underlying businesses look set to remain starved of funds required to keep them going. Thus, given their bleak…

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Prepare for Hard Landings if You Own These 2 Stocks

The Fed’s aggressive interest rate hikes and the increasing odds of a recession have kept the stock market under pressure. Although the space sector’s long-term prospects look bright, looming supply chain disruptions and inflation could dampen its performance in the near term. Thus, we think it could be wise to…

3 Space Stocks That Aren't Ready for Takeoff Right Now

Although the space industry holds long-term promise as a domain with infinite possibilities, the progress of businesses in this sector has been hampered by short-term macro issues. Hence, it could be best to avoid beaten-down space stocks Maxar Technologies (MAXR), Virgin Galactic (SPCE), and Astra Space (ASTR) until they return…

2 Beaten-Down Space Stocks To Avoid Now

Although the space industry is evolving rapidly, broader macroeconomic issues like supply chain disruptions and inflation could dampen industry growth. So, it could be best to avoid beaten-down space stocks Astra Space (ASTR) and Virgin Galactic (SPCE) now, given their bleak fundamentals. Read on….

$7.5 Million Bet On This Biotechnology Stock? Check Out These 4 Penny Stocks Insiders Are Buying

The Dow Jones jumped by more than 500 points on Wednesday following inflation data for July. Investors, meanwhile, focused on some notable insider trades.

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Astra Space Trading Near All-Time Lows – Bargain or Bust?

Astra Space Trading Near All-Time Lows – Bargain or Bust?

Shares of aerospace company Astra Space (ASTR) witnessed a sell-off after reports of a failed mission earlier this month. The stock is now trading near its 52-week low. Would it be wise to invest in it now? Read on to find out.

3 Satellite Stocks Wall Street Predicts Will Have Meteoric Rallies

3 Satellite Stocks Wall Street Predicts Will Have Meteoric Rallies

Analysts expect the Space industry to foster a $1 trillion market by 2040. Moreover, the ongoing war in Ukraine is expected to create opportunities for the United States in the commercial space market. Given this scenario, Wall Street analysts see satellite stocks BlackSky Technologies (BKSY), Astra Space (ASTR), and Planet…

4 Space Stocks Fail To Take Off After Successful Launches

4 Space Stocks Fail To Take Off After Successful Launches

Astra Space Inc (NASDAQ: ASTR) successfully launched a rocket on Tuesday afternoon containing a group of satellites for NearSpace Launch, the S4 CROSSOVER and Portland State Aerospace Society’s OreSat0.

Astra Inks Multi-Launch Contract And First Launch With Spaceflight

Astra Inks Multi-Launch Contract And First Launch With Spaceflight

Astra Space Inc (NASDAQ:ASTR) entered a multi-launch contract with Spaceflight Inc. Deal terms not disclosed. This agreement provides Spaceflight with launch opportunities using Astra's launch services through 2025. The first launch is planned for today, March 14, 2022, at the Astra Spaceport in Kodiak, Alaska, but maybe shifted to March 15, 2022, depending…

BofA Securities Analyst Downgrades Astra, Citing Botched Rocket Launch And Probe Of Leadership

BofA Securities Analyst Downgrades Astra, Citing Botched Rocket Launch And Probe Of Leadership

Bank of America Securities downgraded Astra Space Inc (NASDAQ: ASTR) to Underperform and lowered its price target from $7 to $4 based on the company’s repeated problems with rocket launches and an ongoing criminal investigation of two executives.

Why Astra Space Shares Are Falling Today

Why Astra Space Shares Are Falling Today

Astra Space Inc (NASDAQ: ASTR) is trading lower Friday after the company experienced an issue with a flight that resulted in payloads not being delivered to orbit.

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