On July 1, AST SpaceMobile fell 5.6% in regular trading, trading at 85.77 USD/share, with turnover of $538 million. The decline was driven by a broad selloff across space-sector stocks combined with pressure from a significant insider share sale plan.

The space concept sector experienced collective weakness during the session, with industry peer SpaceX dropping 6.87%, creating a sector-wide linkage drag on ASTS. Additionally, a previously disclosed Form 144 filing revealed that Chairman and CEO Abel Avellan's controlled entity, AA Gables 2 LLC, intends to sell 2.5 million shares of Class A common stock through Citigroup Global Markets on NASDAQ, with an estimated total value of approximately $183 million. This large-scale executive reduction plan has continued to weigh on market sentiment.

Within the Alternative Carriers sector, individual stocks were mixed. Among them, SpaceX down 6.87%, Iridium up 1.5%, Lumen Technologies down 4.88%, Anterix up 0.58%, Globalstar down 0.05%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)