Globalstar stock surges 15% on report Amazon is weighing an acquisition

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Source: CNBC
Published: 2026-04-02 10:58 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Financial Markets, Space, Business & Economy
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Snippet:
Shares of Globalstar jumped more than 15% in extended trading on Wednesday after the Financial Times reported Amazon is in talks to acquire the satellite communications company, citing people familiar with the matter.
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