Globalstar, Inc. (GSAT)
Deal Talks With Amazon Have This Satellite Internet Provider's Stock Popping
Amazon could be looking to make a big move to grow its budding satellite internet service.
Satellite Stock Surges on Amazon Buyout Rumors
Tech behemoth Amazon.com (AMZN) could be at it again, named as a potential buyer of Globalstar Inc. (NASDAQ:GSAT), per a report from the Financial Times.
Globalstar Soars 10%: Amazon's Reported Takeover Bid Ignites a Spectrum War With SpaceX
Globalstar (NASDAQ:GSAT) shares are surging 10% in early Thursday trading after the Financial Times reported that Amazon (NASDAQ:AMZN | AMZN Price Prediction) is in advanced talks to acquire the satellite telecommunications company.
Will Globalstar hit new highs following Amazon acquisition speculation?
Shares of Globalstar rallied strongly on April 2, 2026, climbing nearly 14% to $78.10 in premarket trading. The satellite communications company, known for providing global voice and data services and supporting IoT and enterprise connectivity, is reportedly in acquisition talks with Amazon.com.
5 Things to Know Before the Stock Market Opens
Stock futures are sinking and oil prices are soaring after President Trump's televised update on the Iran war failed to assure investors that the conflict could end soon; Trump said that the U.S. plans to hit Iran "extremely hard over the next two to three weeks" and did not repeat his previous claims that talks with Iran are underway for a ceasefire; investors will get a brief break from the volatility tomorrow, when the stock market will be closed in observance of Good Friday; Globalstar stock is surging following a report that the satellite internet provider could be acquired by Amazon; and several airline and cruise stocks are sinking amid the latest surge in oil prices. Here's what you need to know today.
Globalstar stock surges 15% on report Amazon is weighing an acquisition
Globalstar's stock popped on a report that Amazon is in talks to buy the satellite communications company. The companies were still negotiating over some of the complexities of a deal following lengthy talks, the Financial Times reported.
Amazon in talks to buy $9 billion satellite group Globalstar, FT reports
Amazon is in talks to acquire satellite telecommunications group Globalstar , the Financial Times reported on Wednesday, citing people familiar with the matter.
Globalstar (GSAT) Moves 10.3% Higher: Will This Strength Last?
Globalstar (GSAT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Is Globalstar Stock a Buy After Greenhouse Funds Added Over 75,000 Shares to Its Position?
Greenhouse Funds LLLP added 75,653 Globalstar shares in Q4 2025; estimated transaction value was $4.18 million based on quarterly average pricing. The quarter-end position value rose by approximately $57.60 million, reflecting both the increased stake and underlying stock price appreciation.
Globalstar, Inc. (GSAT) Q4 2025 Earnings Call Transcript
Globalstar, Inc. (GSAT) Q4 2025 Earnings Call Transcript
Globalstar (GSAT) Reports Q4 Loss, Tops Revenue Estimates
Globalstar (GSAT) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of $0.01. This compares to a loss of $0.14 per share a year ago.
Globalstar to Report Q4 Earnings: How to Approach the Stock Now?
GSAT gears up for Q4 results with $71.8M revenue view as IoT growth, wholesale gains and XCOM RAN investments shape outlook.
