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Wednesday, 09/07/2022 4:23:10 PM

Wednesday, September 07, 2022 4:23:10 PM

Post# of 12076
Shares in Globalstar Inc jumped 20% on Wednesday after the satellite services firm announced it will be the satellite operator for Apple's emergency SOS service.
Apple will pay for 95% of the approved capital expenditure for the new satellites that would be needed to support the service, but Globalstar said it will still need to raise additional debt to construct and deploy the satellites.

Glad I only spent $200 on options. At least I got’em at the bottom of that dip.

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