AST SpaceMobile (NASDAQ:ASTS) dropped 19% this week, falling from $101.79 to $82.51 as the space-based cellular broadband company executed a complex capital raise strategy. While the broader market dipped just 1.29% over the same period, ASTS investors faced three major storylines that reshaped the company’s financial structure.

The Bigger Picture on Performance

Despite this week’s decline, ASTS holds a 13.6% gain year-to-date and remains up 175% over the past year. The stock hit a 52-week high of $129.89 before this week’s pullback, reflecting the volatility of pre-revenue space infrastructure plays. The company’s $30.6 billion market cap sits on just $18.5 million in trailing…